Und - Iowa Pork Producers Association
Und - Iowa Pork Producers Association
Und - Iowa Pork Producers Association
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CONTRACT DEFAULT<br />
• Right to rebut (GIPSA rule) cure any default<br />
• Right to correct other party’s default<br />
• Mediation required by <strong>Iowa</strong> law for livestock<br />
care and feeding contracts<br />
• Arbitration required by contract?<br />
• Which state’s law applies? Where will court<br />
action or arbitration be held?<br />
• Mitigation of damages required<br />
• Damages<br />
• Money<br />
• Specific performance – court orders<br />
defaulting party to perform – rare<br />
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