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Haply Inc. contracts with Barksdale LLC to have an engine repaired. After much negotiation, the parties agree that the engine will be repaired and reinstalled at Haply’s facilities in 5 days. Haply plans on losing $40,000 a day for each day the engine is not delivered after the five-day window (this is the cost for a replacement engine).
Haply tells Barksdale’s representatives that if the engine is not repaired on time that bad press will cause Haply to lose a client’s business totaling $3,000,000. Barksdale does not complete the contract until day 7.
It cost Haply $500 to secure the delivery of a replacement engine. The actual rental of the replacement engine cost $40,000 a day. And Haply lost the business of a client totaling $3,000,000. Haply sues Barksdale for incidental, consequential and compensatory damages. The court finds that there is a breach of contract. What are the consequential, incidental, and compensatory damages that Barksdale is liable for in this case? Be sure to define each of those terms.
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Running Head: BUSINESS LAW
Business Law
Solution:
Haply Inc. v. Barksdale LLC
In this case, Haply Inc. (the plaintiff) is able to sue against Barksdale LLC (the defendant) to get incidental, consequential, and compensatory damages due to its illegal or unlawful activities. For instance, on the basis of the given scenario, it is clear that there was a contract between Haply Inc. and Barksdale LLC. According to this contract, Barksdale LLC was obliged to repair as well as reinstall the pump engine within the given time period. The predetermined time period of...
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