Fast Lane Only on MSN

Tesla adds no-resale clause for Signature Edition cars with $50,000 penalty

Tesla is asking some of its most loyal customers to sign away a key ownership right. Buyers of the limited-run Signature ...
Gadget Review on MSN

Tesla's $50,000 resale penalty turns luxury EVs into a hostage situation

Tesla's new $50,000 resale penalty locks Signature Edition Model S and X buyers into 12-month ownership contracts or face ...
Electrek

Tesla makes Signature Edition buyers sign no-resale agreement with $50,000 penalty

Tesla requires Signature Edition Model S and X buyers to sign a no-resale agreement with a $50,000 penalty — reviving the ...
Law

Defining the Limits of Liquidated Damages Clauses

Real estate leases are, by their nature, bets the parties are placing on what the future may hold. Both landlord interests and tenant interests try to hedge their bets by inserting clauses to produce ...
The National Law Review

Supreme Court Clarifies Employer’s Good Faith Defense to Liquidated Damages Claim

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Law

Determining the Validity of Liquidated Damages Provisions

In their Commercial Division Update, George Bundy Smith, an arbitrator and mediator with JAMS, and Thomas J. Hall, a partner with Chadbourne & Parke, write that a party challenging the validity of a ...
The National Law Review

Department of Labor Curtails Liquidated Damages in Wage and Hour Investigations

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...