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 obligation. For a breach of contract to be actionable, the breach must be material or substantial.
What damages are available?
You may file a lawsuit to recover all damages that were caused by the breach.
In certain situations you may also have a right to compel performance. This is known as a claim for specific performance. This claim basically involves asking the court to make the other side do what they agreed to do. Specific performance is an alternative remedy 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, we have the experience to protect your interests.
To discuss how our law firm can help you with your contract claim, contact us by email or call 601-957-3101.