When One Party Fails To Fulfill Their Obligations
Contracts distinguish the roles of each separate party, including their distinct obligations to arrive at a beneficial outcome for all. Unfortunately, even the soundest of contracts can lead to a breach that harms one party.
The attorneys at Lange, Quill & Powers, PLC, have over 40 years of experience in navigating the complex disputes of businesses across northern Kentucky. We are skilled litigators and value seeking a practical, cost-effective resolution to uphold your rights within a contract.
Defining A Breach Of Contract
A contract dispute can occur due to a wide array of reasons, including time constraints, financial issues, failure to complete the duties as specified and more. A material breach occurs when one party’s failure to fulfill their contractual obligations distinctly violates the terms of the contract.
Pursuing Legal Action To Correct The Breach
When a material breach harms your business, there are options to recover damages to correct the failure of one party to fulfill their obligations. Common remedies include:
- Damages. These compensate the violated party, with exact terms depending on the case.
- Specific performance. This requires the violating party to fulfill their contractual obligations.
- Cancellation and restitution. This cancels the contract and requires compensation from the violated party.
Depending on your case and your desired outcome, we will identify and pursue the appropriate remedy for your situation.
Discuss Your Case With A Lawyer
Leverage our reputation as aggressive, capable litigators. Arrange a free initial consultation at our Newport office, conveniently located across from the courthouse. Call us at 859-279-0003 or contact us online.