Breach of Contract Lawyer in Phoenix Maintaining the Terms of Our Client Contracts
We have all been in a situation where someone has not upheld their end of the bargain. Whether it is a business associate, family member, or friend, it can be incredibly frustrating when someone does not follow through on what they said they would do. When this happens in the context of a contract, it is known as a “breach of contract.”
In business, breaches of contracts happen all the time. Two companies may dispute the quality of goods or services, or one company may fail to pay the other on time. These types of disputes can quickly become very expensive and often require the assistance of a breach-of-contract lawyer.
If you are currently dealing with a breach of contract in Phoenix, Resolvere Law PLLC can help. Our knowledgeable and experienced legal team will review your case and determine the best way to help you achieve a positive outcome. Our attorney has years of experience in business law and is prepared to put his knowledge to work for you. Call us at (480) 568-1327 for a free consultation on your potential contract lawsuit.
What is a Breach of Contract Dispute?
A contract dispute is a disagreement between two or more parties over the terms of a contract. Contracts are legally binding agreements that define each party’s rights and contractual obligations. When one party breaches its obligations under the contract, it is considered a breach of contract.
Breach of contract disputes can arise in any contractual relationship, including business contracts, employment contracts, leases, and other types of agreements. If you have been harmed by another party’s breach of contract, you may be entitled to compensation for your losses. Business disputes are often the precursor to breach of contract lawsuits.
In real estate transactions, a breach of contract may occur if the buyer fails to make the required down payment or if the seller refuses to transfer ownership of the property. In business contracts, a breach of contract may occur if one company fails to deliver the agreed-upon goods or services or if a company breaches a nondisclosure agreement.
What Are the Consequences of a Breach of Contract?
The consequences of a breach of contract will depend on the specific terms of the contract and the extent of the breach. In some cases, a breach of contract may entitle the non-breaching party to damages. Damages are financial compensation that is paid to a party who has been harmed by another party’s actions.
Several different types of damages may be available in a breach of contract case, including:
Compensatory damages: Compensatory damages are designed to put the non-breaching party in the position they would have been in if the breaching party had fulfilled their obligations under the contract. This may include reimbursement for any out-of-pocket costs incurred as a result of the breach, such as the cost of hiring a replacement contractor.
Consequential damages: Consequential damages are designed to compensate the non-breaching party for any indirect losses that were caused by the breaching party’s actions. For example, if a company breaches a contract to provide goods or services, the non-breaching party may be entitled to consequential damages for any lost profits.
Liquidated damages: Liquidated damages are specific damages outlined in the contract. This type of damage is typically only available if the parties expressly agree to it in writing.
A court may order the breaching party to specifically perform their obligations under the contract. This is known as “specific performance” and is typically only ordered in cases where monetary damages would not be an adequate remedy.
Resolvere Law PLLC has a knowledgeable attorney on hand who can help outline what you might be owed after an occurrence. A lawsuit might be your best option moving forward in the pursuit of financial compensation.
What Can a Breach of Contract Lawyer Do for Me?
If you are involved in a breach of a contract dispute, an experienced lawyer can help you understand your rights and options. A breach of contract lawyer will review the terms of your contract and determine whether there has been a breach. If there has been a breach, the lawyer can help you understand what damages may be available to you and can represent you in negotiations or court.
If the parties are unable to reach an agreement, the lawyer can file a lawsuit on your behalf. It may be possible to negotiate a settlement out of court. However, if the parties are unable to agree on a settlement, the case will go to trial. At trial, each party will have the opportunity to present evidence and argument in support of their position. After both sides have presented their case, the jury will render a verdict. If you prevail at trial, the court may order the breaching party to pay damages or to specifically perform their obligations under the contract.
What Are the Benefits of Hiring a Breach of Contract Attorney?
Resolvere Law PLLC is a law firm in Phoenix, Arizona with experience in breach of contract litigation. We have represented both plaintiffs and defendants in breach of contract cases involving all types of contracts, from simple purchase agreements to sophisticated construction contracts.
One of the benefits of hiring a breach-of-the-contract attorney is that we can help you understand your rights and obligations under the contract. We can also help you negotiate a dispute resolution, whether through mediation or arbitration. If the matter goes to trial, we will represent you and protect your interests. Call us at (480) 568-1327 for help from a skilled litigation attorney.