thorp v moonstone, No. 23-cv-5031 (Vt. Super. Ct. 2025)

Citation: thorp v moonstone, No. 23-cv-5031 (Vt. Super. Ct. 2025)
Parent Document: thorp v moonstone, No. 23-cv-5031 (Vt. Super. Ct. 2025)
Jurisdiction: Vermont (state)
Effective Date: 2025-10-02
Original Source: https://www.vermontjudiciary.org/media/19428 ↗

Other Sections in This Document (221)

thorp v moonstone, No. 23-cv-5031 (Vt. Super. Ct. 2025)
thorp v moonstone, No. 23-cv-5031 (Vt. Super. Ct. 2025)
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Order Page 8
of 14
23-CV-05031 Eric Thorp et al v. Vanilla-Clove Moonstone
 1. because of the nature or subject matter of the agreement, damages
arising from a breach would be difficult to calculate accurately;
2. the sum fixed as liquidated damages must reflect a reasonable
estimate of likely damages; and
3. the provision must be intended solely to compensate the
nonbreaching party and not as a penalty for breach or as an incentive
to perform.