Foont-Freedenfeld Corporation, Plaintiff-Appellant v. Electro-Protective Corporation, Defendant-Respondent

Summary

The Supreme Court of New Jersey affirmed the Appellate Division's judgment, upholding the enforceability of the limitation of liability clause and rejecting the plaintiff's claims that the clause was a penalty or limited to a different type of breach. The court also affirmed the lower court's handling of the alleged innocent misrepresentation claim.