Hanover Ins v. Binnacle Development

Track this case

Case Number:

21-40662

Court:

Appellate - 5th Circuit

Nature of Suit:

4190 Other Contract Actions

  1. January 13, 2023

    5th Circ. Affirms Hanover's $570K Award Against Developers

    Three land developers cannot offset a $570,000 judgment awarded to Hanover Insurance Co. for outstanding contract balances, the Fifth Circuit ruled, affirming a lower court's holding that liquidated damages clauses in those contracts are an unenforceable penalty under Texas law.

  2. November 07, 2022

    Texas Developers Tell 5th Circ. Hanover Shouldn't Get $570K

    A trio of developers sought to persuade the Fifth Circuit on Monday that their deal with a now-defunct contractor fell under a Texas public works contract law that would allow them to offset a judgment awarded to Hanover Insurance Co. by a trial court.

  3. May 03, 2022

    Developers Can't Offset $570K Award, Insurer Tells 5th Circ.

    A surety bond insurer urged the Fifth Circuit to uphold a lower court's ruling entitling it to around $570,000 in outstanding contract balances from three land developers, saying the developers' affirmative defense to offsetting those damages rests on a clause unenforceable under Texas law.

  4. February 03, 2022

    Texas Court Missed On Hanover Contract Case, 5th Circ. Told

    Three land developers asked the Fifth Circuit to revive their bid seeking nearly $1 million from Hanover Insurance Co. for construction delays, arguing that a Texas court improperly classified their claims as unrecoverable liquidated damages.