A breach of contract can wreak havoc on the plans, finances and psychological well being of the wronged party. When one party fails to meet their contracted obligation(s), an individual or business may be affected financially and in other ways. When most individuals or groups enter into a contract they expect to honor the terms of that contract. They also expect that the other person (or organization) will do the same. When a breach of contract occurs, the party who has experienced the breach has several legal options at their disposal. Our Los Angeles law firm can help you exercise the most appropriate legal remedy.
If you believe that you or your California-based company has been the victim of a breach of contract, contact our office today. We will schedule a consultation to determine whether or not your company has the legal standing to receive any of the remedies listed below. If our attorney determines that it does, we will work tirelessly and expertly to bring your case to a satisfactory conclusion.
Achieving Remedies When A Contract Has Been Breached
There are a number of different remedies that may be in order if you have been harmed by one party's breach of contract, including:
Specific performance: If your desire is to have the party who breached the contract make good on the contract, for example complete a contracted service or sale, you may want to sue for damages provided under specific performance. We can help.
Compensatory damages: Suing for compensatory damages may be appropriate when you, the injured party, have suffered financial losses due to the breach of contract.
Punitive damages: Punitive damages are designed to punish the wrong party in a breach of contract case. The amount of money awarded is not equal to the amount lost as a direct result of the contract breach.
Liquidated damages: The party that breaches the contract may be forced to pay liquidated damages. Damages of this type are included within the wording of the contract. They are put there to discourage either party from breaking the agreement.
Consequential damages: Consequential damages may be awarded to a party under breach of contract law if they have suffered damages due to an indirect break of the contract agreed upon and signed by the two parties.
Contact Our Lawyer For Help Enforcing Business Contracts
If you feel that you or your company has been injured because of a breach of contract, give us a call today. We can help you determine whether or not you have legal standing to enforce the contract or qualify for monetary damages. If you have been wronged, give us the opportunity to help you get everything you deserve according to the letter of the law. We may be able to settle out of court, without going to trial. When this is not possible, we can take your case to trial and fight for what is rightfully owed to you. Contact us online or call us at 310-478-7110 today.