Archive for the ‘Breach of Contract’ Category
Breach of Contract Attorney Atlanta, Georgia
Business contracts and legal agreements are the basis of all business operations. The contract sets out the responsibilities of everyone involved. Not all contracts are perfectly written, and it is difficult for a contract to anticipate every situation. A breach of contract is a failure to fulfill the duties and terms of an enforceable agreement which causes harm to the other party. Since no one ever enters into a contract with the intention of breaking it, you may not fully understand the consequences a breach of contract may cause, or know what remedies are available to you if someone else breaches their obligation to you.
Don’t Delay!! There is a statute of limitations on breach of contract disputes. Get the help you need to collect the debt.
Since 1985, the breach of contract attorneys at Howe & Associates have gone to court and successfully litigated thousands of contract cases. A breach of contract lawyer at our firm will advise you of your rights with respect to the agreement at issue. They will be able to tell you if it is better to settle or fight it out in court. They will also let you know what remedies are available to you.
Breach of Contract Remedies
Compensatory Damages – these cover the economic loss resulting from the breach of contract, to put you in the exact situation you would be in if there were no breach.
Consequential or Incidental Damages – these are reasonably foreseeable damages which result from a broken contract.
Liquidated Damages – these are terms in your contract which motivate each party to honor the contract.
Punitive Damages – this is essentially a monetary punishment for the party breaking the agreement, and is rare because other remedies are usually easier to obtain.
Specific Performance – the Court orders the contract breaker to perform and honor the contract. Specific performance is unusual and mostly used to remedy real estate transactions.
Other Remedies may include Recission where both parties are excused from performing their part of the contract and Reformation, where the contract is virtually amended. If you prefer, the breach of contract attorneys at Howe & Associates will defend you in dispute resolution, arbitration or mediation.
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