Mugglin, J.
By contract dated August 1, 1998, defendants, the owners of the Clarion Inn and Suites at 611 Troy-Schenectady Road in the Town of Colonie, Albany County, agreed with plaintiffs to pay plaintiffs $4,500 monthly to manage this hotel property. The contract provided that it could be terminated at any time for cause. Also, the contract could be terminated without cause upon 30 days' notice by paying a one-time liquidated damages fee of $4,500. By letter dated...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.