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Скачать или смотреть Contract Law: Remedies (Monetary Damages and Equitable Relief) [LEAP Preview]

  • Studicata
  • 2021-04-09
  • 41971
Contract Law: Remedies (Monetary Damages and Equitable Relief) [LEAP Preview]
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Описание к видео Contract Law: Remedies (Monetary Damages and Equitable Relief) [LEAP Preview]

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00:00 Introduction to Contract Remedies
The lesson shifts from performance to remedies, introducing how to calculate what a plaintiff can recover after a breach.

01:17 Expectation Damages: The Default Remedy
Explains that expectation damages are the standard remedy for breach of contract and usually result in the highest monetary award.

03:31 The Expectation Damages Formula
Presents the four-variable formula from the Second Restatement §347 for calculating expectation damages.

04:25 Loss in Value
Defines how to measure the difference between what the plaintiff was promised and what they actually received.

06:15 Other Losses: Incidental and Consequential Costs
Covers additional damages the plaintiff may recover, including storage costs and foreseeable lost profits.

10:47 Subtracting Cost and Loss Avoided
Explains how to deduct savings and salvaged value from the total damages to prevent overcompensation.

13:54 The Duty to Mitigate Damages
Details how courts will reduce recovery if the plaintiff failed to take reasonable steps to reduce losses.

15:21 Sample Fact Pattern: Calculating Expectation Damages
Applies the full formula to a classic builder hypothetical to show how expectation damages are computed step-by-step.

20:32 When Expectation Damages Are Too Speculative
Introduces reliance damages as a backup when it's too speculative to estimate profits under the breached contract.

21:26 Studicata's Subscription Course
The legal instruction ends and shifts into a preview of Studicata’s subscription course and resources.

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