Jewell-Rung was a Canadian corporation that imported and sold mens clothing wholesale. Haddad was a New York

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Jewell-Rung was a Canadian corporation that imported and sold men’s clothing wholesale. Haddad was a New York corporation that manufactured and sold men’s clothing under the “Lakeland” label. The companies agreed that Haddad would sell 2,325 Lakeland garments to Jewell-Rung for $250,000. Jewell-Rung began to take orders for the garments from its Canadian customers. Jewell-Rung had orders for about 372 garments when it learned that Haddad planned to allow another company, Olympic, the exclusive Canadian right to manufacture and sell Lakeland garments. Jewell-Rung sued Haddad for its lost profits. Haddad moved for summary judgment, claiming that Jewell-Rung could not recover lost profits because it had not covered. Is Haddad right? If so, why might Jewell-Rung not have covered?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Business Law and the Legal Environment

ISBN: 978-1111530600

6th Edition

Authors: Jeffrey F. Beatty, Susan S. Samuelson, Dean A. Bredeson

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