Louisiana Federal Court, Interpreting A Construction Contract, Holds A Consequential Damages Waiver May Not Bar A Claim For Lost Profits
In Team Contractors, L.L.C. v. Waypoint Nola, L.L.C., et al., No. CV 16-1131, 2017 WL 4366855 (E.D. La. Sept. 29, 2017), the United States District Court for the Eastern Division of Louisiana concluded that because the contract was ambiguous as to whether the type of lost profits sought in the case were considered “consequential damage”…
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