Breaches of contracts can profoundly impact your business. Every day businesses will engage in different kinds of oral and written contracts with their customers, suppliers, and partners. The expectation is that everything will go smoothly and all sides will honor their contractual obligations.
The reality is that when one side fails to meet its commitments, it causes a contract breach. You have many options, and each requires considering the contract’s importance in your business.
For example, you could take immediate legal action if the breach causes significant damages and disruptions. You are making the other party aware of this violation and the damages you experience from their actions on your business.
Some situations will not harm your business, and the best approach is to walk away. The business’s financial position or reputation is not damaged, and you can learn from your mistakes in the future. These breaches are insignificant, and taking legal action may be more costly than walking away.
Everything becomes more complicated, with some contracts being oral. Many businesses don’t have formal written agreements but will operate on a handshake. Lots of business transactions are completed every day this way with no formal agreements. The actions of the parties decide if they are meeting their obligations.
The real challenge is if the breach matters to you. We recommend looking at the damages and their effects on your business.
After this, you want to speak with a breach of contract attorney at the Weisblatt Law Firm. We have decades of experience working on breach of contract disputes and will put this to work for you. Contact us today at (713) 666-1981 to schedule a free phone consultation with a skilled attorney.
What Can Be Done If A Contract Is Breached?
The most significant challenge of a breach of contract is losing those services or products you need. You must scramble and find other options to ensure your business has the support it needs. Getting another supplier is complex and might require help.
Suing will help you recover money for your damages, but this comes much later and does little to address the current situation. The court could award different damages, such as
- Specific performance: Specific performance is when a court orders the other party to perform everything they agreed to in the contract.
- Liquidated damages: These are agreed-upon damages in the contract offering some compensation in the event of breaches. It states how much the party breaching the contract must pay you in advance. These provisions avoid time-consuming and costly litigation.
- Compensatory damages: These are damages suffered from the breach of contract. It restores the injured party to the position they would be in if the breach did not occur. The damages are for lost wages, medical expenses, emotional distress, and property damage.
- Consequential damages: These damages are for intangible items and lost opportunities. They arise from losing business opportunities, such as lost profits and goodwill.
- Incidental damages: These are damages from the direct result of the breach of the contract, such as storage costs and shipping and handling fees.
- Attorneys’ fees: In Texas, you can collect attorneys’ fees for breach of contract.
These are some of the damages you could receive for breach of contract. We recommend speaking with a breach of contract attorney about your options. Breach of contract cases are complex and require the knowledge of an experienced and skilled attorney to get the best results.
How Do You Enforce A Breach of Contract?
Enforcing a breach of contract requires taking legal action. The following steps can be taken:
- Review the contract: The first step is to review the contract and look for specific passages, phrases, and words showing the breach.
- Try to resolve the issues informally: We always want to resolve the dispute by contacting the other party and negotiating a solution. The breaches could be from a misunderstanding or a breakdown in communication. We help resolve these issues and find a way forward that suits everyone.
- Send a letter: A letter is a formal notification of the breach of contract. It outlines the extent of the violations and demands that the other party fulfills their obligations.
- Mediation or arbitration: These are informal ways of resolving a dispute without going to court. A neutral third party listens to the case and makes a decision. The decision can be binding or nonbinding depending on the agreement with both sides before the start of these proceedings. The costs are lower, and it takes less time to resolve disputes using mediation or arbitration.
- File a lawsuit: A lawsuit is our last attempt to reach a resolution when everything else fails. We are asking the court to award damages to the injured party for the breaches of the contract.
- Collect the damages: We help you to collect damages for your losses if the lawsuit is successful. The enforcement process is time-consuming and complex. We recommend getting the assistance of a skilled attorney to help you with these situations.
These are some of the steps we can take to go after those that are breaching your contract. Our team works with you to identify the best solutions and create a customized legal strategy. We are results driven and will only stop once we create favorable outcomes for you.
Why Choose Us?
Enforcing breaches of contracts is complex and time-consuming. Our attorneys have the knowledge, skills, and experience to work on these cases. We know what to do to get results and are fearless in using all legal means necessary to hold them responsible.
We give your case the attention it deserves and will never ignore you. You matter to us, and our team of skilled professionals will only stop once we get successful results for you.
Our track record speaks for itself. We have five-star reviews from our clients for our results and for how effective we are in dealing with breaches of contract.
Andrew Wesiblatt founded the Weisblatt Law Firm to level the playing field for business professionals. We understand how finding a reliable business attorney is challenging and are here to give you the same resources as large corporations. You can see Andrew on the TV show The Price of Business with Kevin Price. Andrew believes in giving something back to the community and cares about his clients. He is dedicated and always goes the extra mile for his clients.
Our team of skilled attorneys has worked as in-house and outside legal counsel on numerous cases. We are dedicated professionals that will focus on getting the best results for you. Contact us today to set up a free phone consultation with a skilled attorney.
Attorney Andrew Weisblatt
Mr. Weisblatt has practiced continuously since becoming licensed in 1992 and has represented businesses ranging in size from one person start-up ventures to multi-national corporations employing hundreds of people in multiple countries. From 2005 through 2009 Mr. Weisblatt was in-house counsel and chief operating officer of a multi-national corporation in the steel products industry. That in-house position provided valuable insight into how businesses work and what they actually need from their lawyers – both in-house and outside counsel. Attorney Bio
