Saturday, February 21, 2009
Akin Gump Strauss Hauer & Feld wasn't able to give its partners a fancy retreat this year, so it's giving them something else instead: a lesson in first year contract law. As the The Am Law Daily reports, Akin Gump scheduled a partner retreat at the luxurious Hotel Del Coronado in San Diego. But after booking the venue, the firm canceled the retreat, deciding that it would be unseemly to host a lavish event with with the economy in its current state. Thereafter, the hotel sued for breach of contract, claiming $385,950 in liquidated damages for, among other things, "877 sleeping room nights" that were set aside for partners at the firm.
[Meredith R. Miller]