DISCLAIMER: Any unofficial case summaries below are prepared by the clerk's office
as a courtesy to the reader. They are not part of the opinion of the court.
142947P.pdf 07/17/2015 RSA 1 Limited Partnership v. Paramount Software Associates
U.S. Court of Appeals Case No: 14-2947
and No: 14-3382
U.S. District Court for the Southern District of Iowa - Council Bluffs
[PUBLISHED] [Gruender, Author, with Wollman, Circuit Judge, and Doty,
District Judge]
Civil case - Contracts. The district court did not err in finding
plaintiffs terminated the parties' contract and triggered the
early-termination provision; the liquidated damages provision of the
contract applied to the renewal terms in the contract and not just the
initial, three-year term of the contract; on these facts, the liquidated
damages provision of the contract, which was based on lost revenue, was
enforceable under Texas law; plaintiffs' argument that the proper amount
of liquidated damages was $0.00 is rejected.