Maryland Code § CL-22-807

Section CL-22-807
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(a) Except as otherwise provided in the contract, an aggrieved party may
not recover compensation for that part of a loss which could have been avoided by
taking measures reasonable under the circumstances to avoid or reduce loss. The
burden of establishing a failure of the aggrieved party to take measures reasonable
under the circumstances is on the party in breach of contract.
(b) A party may not recover:
(1) Consequential damages for losses resulting from the content of
published informational content unless the agreement expressly so provides; or
(2) Damages that are speculative.
(c) The remedy for breach of contract for disclosure or misuse of information
that is a trade secret or in which the aggrieved party has a right of confidentiality
includes as consequential damages compensation for the benefit obtained as a result
of the breach.
(d) For purposes of this title, market value is determined as of the date of
breach of contract and the place for performance.
(e) Damages or expenses that relate to events after the date of entry of
judgment must be reduced to their present value as of that date. In this subsection,
"present value" means the amount, as of a date certain, of one or more sums payable
in the future or the value of one or more performances due in the future, discounted
to the date certain. The discount is determined by the interest rate specified by the
parties in their agreement unless that rate was manifestly unreasonable when the
agreement was entered into. Otherwise, the discount is determined by a commercially
reasonable rate that takes into account the circumstances of each case when the
agreement was entered into.

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