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What Are the Remedies for Breach of Contract?

Contracts are written to protect parties to an agreement. What happens when one party does not perform their side of the agreement? Imagine that you or your business ordered 1,000 widgets and received 1,000 gumballs. What then? Unless the widget supplier has a legitimate reason for not performing any of the contract’s terms, they have breached the contract. An Elk River business litigation attorney at the Hess & Jendro Law Office, P.A. can assist you in pursuing the damages you are entitled to in a breach of contract situation.

Legally, the person or business that breached the contract owes the person who did not breach the contract a remedy in the form of damages. If the matter goes to litigation, the court can award damages in the following forms:

  • Compensatory damages bring the non-breaching party back to where they were before the breach.
  • Punitive damages above and beyond compensatory damages are meant to discourage the at-fault party from repeating their offending behavior.
  • Liquidated damages, which are awarded if specified in the original contract, usually consist of a reasonable estimate of what the actual damages are expected to be.

The court can possibly also order the specific performance of the duty stipulated in the original contract, forcing the widget company to send your widgets.

Obtaining a remedy in a breach of contract situation can be extremely difficult to get without an attorney. Minnesota business litigation lawyers at the Hess law Office are knowledgeable in this area of law and can guide you to a successful resolution.

Hess & Jendro Law Office, P.A. works assertively to resolve your business litigation issues efficiently and effectively. Contact their office for assistance with your breach of contract or other business litigation issues today.