BREACH OF CONTRACT CLAIMS
What is a Breach of Contract?
A breach of contact claim arises when a someone does not fulfill a contractual promise or is unwilling to perform an agreed obligation. For a breach of contract to be actionable, the breach must be material or substantial.
What damages are available?
In response to a breach of contract, you may file a lawsuit to recover the damages that were caused by the breach. In some situations, you may also have a right to compel performance. A lawsuit for specific performance involves asking the court to make the other side do what they agreed to do. Specific performance is an alternative to awarding compensatory damages and is most often seen in real property disputes.
Other remedies for breach of contract include:
- Compensatory damages — money to reimburse costs and compensate for losses.
- Liquidated damages – an amount of money damages specified in the contract.
- Punitive damages — money awarded as punishment for bad conduct.
- Attorney’s fees – money for legal costs if expressly provided for in the contract.
- Rescission — a request to void or cancel the contract (as if the breach never happened).
Business relationships do not always turn out as expected. Whether your contract dispute involves an employment agreement, a service agreement, a purchase agreement, or some other contractual relationship, our lawyers are ready to help.
The lawyers at Danks, Miller & Cory have the experience to handle the most contentious and complicated contract disputes.
To discuss how our law firm can help, contact us by email or call us at 601-957-3101.