Court: no penalty owed after justified termination of negotiations
Lennard successfully represented a company and its two directors who were being sued for payment of a contractual penalty of more than €1.1 million in a case about broken-off negotiations. The court ruled in favour of Lennard’s clients and held that the company and its directors were free to terminate the negotiations without incurring liability.
Lennard Noordzij
Onno Hennis
Marco Guit
Rosa Ruimschotel
Hidde Reitsma
Sander Schouten