Coldwell Banker-First Realty v. MEIDE & SON, INCORPORATED
North Dakota Supreme Court
1Opinion of the Court
LEVINE, Justice.
This case involves the validity of a liquidated damages clause in an exclusive real estate listing agreement. Meide & Son appeals from a judgment of the Cass County district court which enforced the clause and awarded Coldwell Banker — First Realty, Inc. (Coldwell Banker) $232,780.00 plus interest and costs. We affirm.
Meide & Son is a construction company based in Wahpeton, North Dakota. Jerome Meide (Meide) joined his father’s construction business in 1962 and is now president of Meide & Son. Fargo Insurance Agency (Fargo Insurance) enjoyed a long-standing business…
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