Breach Of Contract Claims Cases
“But we had an Agreement…!”
You had an agreement and everyone would abide by it. Or so you thought.
One of the most common business disputes comes from the breach of contract. The contract is the legal document that governs the relationship of the parties. If well-written, it also governs what happens in the event of a dispute or, phrased another way, what happens when a party fails to live up to their end of the bargain. That is where we come in.
The South Florida business litigation attorneys of Rader Law Group, LLC, have been privileged to represent both businesses and individuals in contract lawsuits. We have successfully recovered money for our commercial clients in cases involving a wide variety of breaches of contract, including recovery of debt, commercial leases, sales contracts, partnership disputes, employment contracts and many more types of agreements.
To learn if you have a breach of contract case, or to learn more about your rights following a breach of contract, contact us today for a consultation at 954-913-2273.
What Legal Remedies Are Available in a Breach of Contract Lawsuit?
When you are the victim of a contractual breach, meaning someone you do business with did not fulfill their obligations under an agreement, there are several potential remedies you must consider. Do you wish to seek money damages under the contract? Would you rather compel the offending party to perform their contractual duties? Is it smart business to continue doing business with this person or entity in the future?
Florida law offers several potential avenues of recovery in a breach of contract context.
Monetary Damages
Compensatory Damages: The overall goal of compensatory damages in a breach of contract case is to put the party victimized by the breach back where they would have been had the contract been fulfilled. Compensatory damages are intended to “make the plaintiff whole.” This may include direct damages, lost profits, and consequential damages, which are intended to provide compensation for any indirect damages caused by the breach of contract. For example, if, as a result of the breach of contract, you were forced to make alternate arrangements and incur additional expenses, those may be recoverable.
Liquidated Damages: Where it will be difficult to determine the amount of damages in the event of a breach, some contracts will incorporate a liquidated damages clause to set out the damages in advance.
Equitable Remedies
Sometimes you may not want money. You may want the land or performance on the contract (“specific performance”) or something else. So, it may be more beneficial for a business or individual to look at the relationship of the parties and come up with a different solution to the problem. In these cases, the business trial attorneys at Rader Law Group may seek equitable relief from a court. Equitable relief is a way to seek for the courts to compel or force a person or company to act or refrain from acting in a specific manner.
Rescission: Rescission cancels the contract entirely and attempts to put the parties back to where they were before the contract was signed, as if it never was signed. When a Florida judge grants rescission, both sides may be excused from any further performance or obligations under the contract. Any money or goods transferred between the parties may be returned.
Injunctions: In some cases, your company may wish to seek an injunction. This is an order of the court designed to prevent another from acting a certain way or forcing another to act in a certain way. In the case of a business breach of contract, this may include preventing a company from selling certain goods or services, stopping a company from disbursing proceeds of a sale or temporarily halting a business relationship between the breaching party and a third party.
If you believe you may have a claim for breach of contract and would like to learn more about your rights under Florida law, call the business litigation attorneys at Rader Law Group today for a consultation to review your case and discuss the damages that may be available to you.
When you have Rader Law Group, LLC on your side, you know you’re getting outstanding representation. Call today. 954-913-CASE (2273).
