DISCLAIMER: The following unofficial case summaries are prepared by the clerk's office
as a courtesy to the reader. They are not part of the opinion of the court.
073820P.pdf 06/26/2008 Ladco Properties XVII v. Jefferson-Pilot Life Insurance
U.S. Court of Appeals Case No: 07-3820
U.S. District Court for the Southern District of Iowa - Des Moines
[PUBLISHED] [Murphy, Author, with Bye and Shepherd, Circuit Judges]
Civil case - contracts. Liquidated damages clause was enforceable as it
was a reasonable estimate of probable damages and was reasonably
proportionate to the damages caused by the breach.