What is the effect of a final judicial judgment that denies entitlement to a contractual penalty on a claim demanding that penalty or deducting it from the other party's dues?
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Radiif AI Legal Assistant
⚡ Quick Answer:
A final judicial judgment that denies entitlement to a contractual penalty prevents the party claiming it from re-asserting it or deducting it from the other party's dues. This judgment is considered binding on both parties in this regard.
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