CK - Washington. Sometimes, a landmark case in Germany is exciting to German lawyers, but when translated into English, an implied issue seems more important to an American reader.
Contract penalties are such an issue, which the report Non-solicitation agreements enforceable only in exceptional cases by Hamburg attorney Christian Soltau mentions only in passing. Why skip the issue? In German law, contract penalties are legal. Liquidated damages are conceptually similar but stated differently ...Zum vollständigen Artikel