When Issues Arise Over A Contract | We Can Help

A contract is an agreement between two parties. Whether the contract is written or oral, it is legally binding for all parties involved. If one side does not hold up their end of the agreement, they could be in breach of contract.

An individual can breach a contract in one of several ways:

  • Not doing what they promised
  • Preventing the other side from upholding their end of the bargain
  • Showing no intention to carry out their responsibilities as outlined in the contract

When this happens, the nonbreaching party is entitled to compensation, whether it comes in the form of payment, services or completes voiding of the entire contract.

Damages Available In A Breach Of Contract Lawsuit

Depending on the circumstances, parties seeking monetary compensation for a breach of contract may be able to obtain:

  • Compensatory damages: Intended to make the plaintiff whole and provide financial relief. This relief represents the benefit the plaintiff would have received if the contract was not breached. Compensatory damages also include consequential damages, which are intended to provide compensation for any indirect costs caused by the breach of contract. Lost profits, for example, may be recovered through a breach of contract lawsuit.
  • Liquidated damages: Some contracts contain a liquidated damages provision, which provides a specific amount that a court can award to the aggrieved party if the deal is breached.
  • Punitive damages: In some instances involving fraudulent behavior, a court may award punitive damages, which are intended to punish the party at fault.

Nonmonetary Awards

In some cases, individuals may want to seek an order from a judge requiring specific performance in a breach of contract lawsuit, rather than monetary compensation. Specific performance may be granted in cases where monetary damages would not adequately compensate the nonbreaching party.

If a court orders specific performance, the breaching party is required to fulfill its obligations under the terms of the contract.

A contract for the sale of unique goods that cannot be obtained from another seller is one example. A court may issue an order requiring the breaching party to perform under the terms of the contract and deliver the unique goods.

Helping Northeast Florida Resolve Breach Of Contract Matters

At Canan Law, our attorneys have a proven track record of helping many clients obtain significant recoveries in all types of contract cases. We frequently represent small businesses and individuals who are owed money, assets or compensation under a binding agreement.

We also represent clients who have claims for business torts that may be related to their contractual disputes, including situations where fraud, breach of fiduciary duty, conversion, civil theft, unfair trade practices, misappropriation of trade secrets, or tort interference with a business relationship has occurred. We can also assist with real estate disagreements that are part of a contract.

A Thorough Understanding Of Contract Wording

Because contracts are very detailed and use legal wording that is not always readily understandable by those who do not work in the legal field, it is in your best interests to find a lawyer who will help protect your legal rights when you find yourself in such a contractual dispute.

Our experienced contract dispute lawyers at Canan Law have been helping countless citizens in St. Johns County and Northeast Florida fight for what is rightfully and legally owed to them. Let us help you – call 904-217-6209, or reach out to us online.