Damages for Breach of Commercial Contracts | Practical Law
A Practice Note discussing the categories of damages available to a contracting party for breach, including consequential, incidental, indirect, actual or compensatory, direct or general, specific, punitive, and exemplary damages. It also discusses contractual damage limitation provisions, including a consequential damages waiver, liability cap, indemnification provision, cumulative remedies clause, equitable remedies clause, and liquidated damages clause.