Has someone breached the terms of their contract with you, or are they claiming that you’re the one who’s in violation of your legal agreement? Circumstances like these can disrupt your company’s operations and put your reputation at risk, with all the financial consequences which that entails. That’s why you need the help of a hardworking attorney who can take your side and seek the fair resolution you and your business need.
At Head Murphy Law, we know that calling a lawyer may be the last thing you want to do, but there are times when it’s absolutely critical that you have focused legal assistance. We aim to provide trustworthy, dependable representation that doesn’t feel like the typical attorney–client relationship yet delivers the results you can count on. So whether you’re in active litigation or you’re looking to resolve a dispute before that becomes necessary, we encourage you to reach out to our Farmington Hills office today and speak with a compassionate breach of contract lawyer serving Michigan business professionals like yourself.
A breach of contract occurs when a party fails to fulfill an obligation under a valid agreement, causing the other party to sustain a loss. A valid contractual agreement is one in which:
Breaches of contract come in two primary types:
A breach of contract may also be anticipatory, which means that, while a party still has time to perform a contractual obligation, they have communicated through words or actions that they do not intend to do so.
At Head Murphy Law, our business lawyers guide companies and business owners through disputes over commercial agreements, including:
In a breach of contract dispute, a non-breaching party can seek various remedies for the losses they’ve incurred. The most common include:
A non-breaching party may seek to recover money for financial losses they suffered because of the breach. Financial remedies in breach of contract claims seek to put the non-breaching party in the same position if the breaching party had performed the contract. Compensation can cover the cost of:
A financial remedy may also provide money for consequential losses—that is, the indirect financial consequences of a breach of contract, such as lost profits or loss of business goodwill.
When parties cannot accurately calculate the losses they’ve suffered from a breach of contract, they may include contractual provisions entitling a non-breaching party to liquidated damages, which represent an estimate of the losses that would result from a breach. However, a court may decline to enforce a liquidated damages provision that provides excessive compensation, viewing it as a penalty rather than a remedy for financial losses.
In limited circumstances, a party may seek the remedy of specific performance, in which a court orders a breaching party to fulfill their contractual obligations. Courts may award specific performance when financial compensation would not provide an adequate remedy for the non-breaching party, such as in contracts involving unique assets, such as real estate.
A rescission remedy cancels the parties’ contract and may also award compensation or require the parties to take specific actions to restore each party to their pre-contractual positions.
A party accused of breaching a contract might assert various legal or factual defenses against a breach of contract claim, such as:
If you’re facing a breach of contract dispute, you can protect your interests by:
Perhaps the most critical thing you can do, though, is to contact an experienced business lawyer from Head Murphy Law. We’ll talk about the details of your breach of contract dispute and explain your options for obtaining a fair and favorable resolution.
A breach of contract dispute can cost your business considerable time and money, especially if you don’t get the legal assistance you need immediately. Head Murphy Law is ready to step up on your behalf and seek the fair resolution you and your company need. We offer:
Has a breach of contract dispute put your company’s operations and financial well-being at risk? If so, you need the help of a Michigan law firm whose core values are empathy, integrity, responsiveness, and determination. Contact Head Murphy Law today for a free, confidential consultation with a business litigation attorney in Farmington Hills. We look forward to meeting you, getting to know you and your business, and finding out how we can help you seek the fair outcome you deserve. Don’t wait—call today.
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