United States DC Circuit
RED SAGE LTD. P'SHIP v. DESPA DEUTSCHE SPARKASSEN, 00-7129
A 50% rent abatement for breach of an exclusive covenant, in a lease negotiated by sophisticated parties, is not an unreasonable estimate of damages that would otherwise be difficult to determine, especially in light of the wide variety of possible permutations.
Appellate Information
- Argued 02/05/2001
- Decided 07/13/2001
- Published 07/13/2001
Judges
- Before: EDWARDS, Chief Judge, GINSBURG and TATEL, Circuit Judges.
Court
- United States DC Circuit
Counsel
- For Appellant:
- Andrew J. Kline argued the cause for appellant. With him on the briefs was Jeffrey L. Berger.
- For Appellees:
- J. Jonathan Schraub argued the cause for appellee. With him on the brief was Paige A. Levy.