Legal Opinion

Vanderbeek v. Barefoot

Court of Appeals for the Third Circuit

Decided April 5, 2007No. 06-1493Unpublished

1Opinion of the Court

OPINION OF THE COURT

FISHER, Circuit Judge.

Jeffrey A. Vanderbeek and Ronald J. Del Mauro, individually and on behalf of Arena Equity Partners, L.L.C. (“Arena”) (collectively “Appellants”), appeal the District Court’s determination that the liquidated damages clause included in the Asset Purchase Agreement (“APA”) that Arena entered into with Bridgewater Sports Arena, L.P. (“Bridgewater”) was enforceable. The Appellants claim that the liquidated damages clause was unenforceable under New Jersey law because it was unreasonable at the time of contract formation and at the time of breach. For the…

2Cases cited7 opinions

General Refractories Company Grefco, Inc. v. Fireman's Fund Insurance Company Gilberg & Kiernan Andrew Butz General Refractories CompanyCourt of Appeals for the Third Circuit · 2003
Wassenaar v. PanosWisconsin Supreme Court · 1983
Wasserman's Inc. v. Township of MiddletownSupreme Court of New Jersey · 1994
In Re Krystal Cadillac Oldsmobile Gmc Truck, Inc., Debtor. Krystal Cadillac Oldsmobile Gmc Truck, Inc. Lawrence v. Young v. General Motors Corporation, Krystal Cadillac Oldsmobile Gmc Truck, Inc., in 97-7117. In Re Krystal Cadillac Oldsmobile Gmc Truck, Inc., Debtor. Krystal Cadillac Oldsmobile Gmc Truck, Inc. Lawrence v. Young v. General Motors Corporation, Lawrence v. Young, InCourt of Appeals for the Third Circuit · 1998
Metlife Capital Financial Corp. v. Washington Avenue Associates L.P.Supreme Court of New Jersey · 1999

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