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Contracts Keyed to Templin
Snyder v. Herbert Greenbaum & Associates, Inc.
Citation:
380 A.2d 618, 38 Md.App. 144 (Md. App. 1977)Facts
Twin Lakes Partnership planned to build 228 garden apartments and entered into negotiations with Herbert Greenbaum & Associates to supply and install carpeting. During negotiations, Greenbaum estimated that approximately 19,000 to 20,000 yards of carpeting would be required. The parties then entered into a contract for Greenbaum to supply and install carpet for a total of $87,600. Between April 1972 and September 1973, Greenbaum purchased large amounts of carpet for the project, but Twin Lakes cancelled the contract in September 1973. It later became apparent that only 17,000 to 17,500 yards of carpet were actually needed. Greenbaum sued for breach of contract, and the trial court awarded $19,407.20 in damages based on the profit Greenbaum would have earned had the contract been performed, without deducting the proceeds from the resale of the carpet.
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