Breach of Contract

If your business has potentially experienced a contract violation or are facing allegations of contract breach, our business litigation attorney are here to help. Following a thorough analysis of your circumstances, we provide counsel to determine the best course of action. You can rely on us to protect your interests and guide you through the complexities of a contract dispute. 

What Is a Contract Breach?

When one party fails to fulfill its obligations under a legally binding agreement, this is referred to as a contract breach. It involves a breach of the contract’s terms and conditions, which can result in legal consequences and monetary awards against the breaching party.

A breach of contract can be intentional, but it is also possible for the breaching party to be unaware that they are violating the contract. They may also be unable to meet their contractual obligations due to financial constraints.

What To Do After a Breach of Contract?

When a contract is breached, it is critical to take appropriate action to protect your interests. Our contract lawyers will carefully review the contract’s terms and conditions to ensure that a breach has occurred.

We will guide you through the process of pursuing the appropriate legal remedies, such as determining whether any potential resolutions exist, renegotiating the terms, or seeking compensation for the damages suffered.

Damages In Breach of Contract Disputes

Those who have been impacted by contract breaches may seek various types of compensation from the party who breached the contract. The following are some of the most common contract-related damages:

• Compensatory – These damages are intended to compensate for the loss caused by the breach.
• Consequential – Consequential damages, also known as “special damages,” cover the cost of special circumstances caused by a breach. For example, the cost of hiring someone to finish an unfinished job.
• Punitive – Punitive damages are not intended to compensate the applicant, but rather to punish the party in breach.
• Liquidated – A contract may specify the amount of damages that will be paid if the contract is broken. These are known as “liquidated damages.”

Remember that not every breach of contract dispute necessitates the dissolution of business relationships. We assess the situation and determine the best course of action to protect your rights and assets, whether through court proceedings or out-of-court settlements.

Contact us today to schedule a consultation.