United States Fourth Circuit

Under the Virginia Uniform Commercial Code, in an anticipatory breach scenario, the measure of damages is calculated using the market price as of the date of delivery rather than as of the date plaintiff learned that defendant would not perform.

Appellate Information

• Decided 07/31/2003
• Published 07/31/2003

Judges

• Before WILKINSON, NIEMEYER, and TRAXLER, Circuit Judges.

Court

• United States Fourth Circuit

Counsel

• For Appellees:
  
• ARGUED: Joseph E. Altomare, Titusville, Pennsylvania, for Appellant.  Daniel M. Joseph, Akin, Gump, Strauss, Hauer & Feld, L.L.P., Washington, D.C., for Appellee.   ON BRIEF: Anthony T. Pierce, Michael L. Converse, Kelly M. Skoloda, Akin, Gump, Strauss, Hauer & Feld, L.L.P., Washington, D.C., for Appellee.