It does not matter what business you operate in, you will eventually have to enter into a contract. Contracts and agreements are the backbone of ensuring that business operations go off smoothly and that everyone who has a mutually beneficial relationship knows what their obligations are to each other. However, just because a contract is in effect, that doesn’t mean that the terms won’t be breached for one reason or another. Entering into a contract and then handling one are two different things. When a breach of contract occurs, knowing what to do is critical.
If you are a California business owner, and you have a contract dispute with another party or entity, you can call the Los Angeles business litigation attorney at the Leiva Law Firm for support. When you work with the Leiva Law Firm, you will have the most competent and experienced legal representation helping you with such complicated matters.
Potential Remedies for a Breach of Contract
If one party in a contractual agreement fails to carry out their responsibilities and expectations as outlined, then they may be in breach of contract. Sometimes, a breach of contract is severe and other times the negative impact is fairly minimal. Likewise, some contract disputes warrant legal action while others do not rise to that level.
Examples of times when filing a breach of contract claim would be appropriate could include:
- A material breach of contract occurs when the agreement is irreparably harmed.
- The breach of contract resulted in significant financial losses.
- One party in the contract habitually fails to fulfill their obligations despite notification of the problem.
Outside of filing a claim, there are other actions that may make more sense for a particular situation. For instance, obtaining a court order forcing the breaching party to adhere to the contract terms could work. Or, it may be best to simply terminate the contract. In this situation, if damages were suffered, then they can be pursued as well.
Navigating a breach of contract is not always an easy task and knowing what options are available as remedies and what is the best approach to get things resolved can be confusing. With the help of an attorney, you may have many options at your disposal to redress your situation.
Figuring out the right method to resolve your dispute is essential. An attorney at the Leiva Law firm can help you determine the right course of action.
Speak to an Attorney at the Leiva Law
When you go into a contract you expect that everything you agree to is adhered to so that your business can function effectively. But when terms are not abided by or you encounter problems with other entities in an agreement, it is time to speak with an attorney to figure out what approach to resolving your situation will be the most fitting.
For assistance and for more information on how to handle a breach of contract in California, please call the Leiva Law Firm today at (818) 519-4465. Initial consultations are free.