Twin Creeks Entertainment signed a deal with U.S. JVC Corp. in which JVC would buy 60,000 feature-film videocassettes from Twin Creeks over a three-year period. JVC intended to distribute the cassettes nationwide. Relying on its deal with JVC, Twin Creeks signed an agreement with Paramount Pictures, agreeing to purchase a minimum of $600,000 worth of Paramount cassettes over a two-year period. JVC breached its deal with Twin Creeks and refused to accept the cassettes it had agreed upon. Twin Creeks sued and claimed, among other damages, the money it owed to Paramount. JVC moved to dismiss the claim based on the Paramount contract, on the ground that Twin Creeks, the seller of goods, was not entitled to such damages. What kind of damages is Twin Creeks seeking?

Consequential damages also known as special damages are those ones that can be proven to have ocurred because of the failure of one party to meet a contractual obligation.

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topeadeniran2 topeadeniran2 · Answer 2 · 2022-04-01T11:59:50+02:00

If the court requires the company to pay Twin Creeks the full amount of money it was obligated to pay under the contract, Twin Creeks will receive its expectation interest.

What is expectation interest?

Expectation interest is the basic class of damage and shows the difference between the value to the promisee of a promise. It is foreseen by total profits and losses in order to find the correct measure of damages.

In this case, if the court requires the company to pay Twin Creeks the full amount of money it was obligated to pay under the contract, Twin Creeks will receive its expectation interest.

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