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Posts tagged "Breach Of Contract"

Know the types of damages you can claim in a breach of contract

When you have a contract with someone, you expect that they will abide by it completely. Unfortunately, there are times when contracts are breached. This can lead to legal action in an attempt to get the matter corrected. One thing that might happen is that the party who didn't breach the contract might choose to seek damages for the impacts of the other party failing to meet the terms of the contract.

Company sued for breach of contract over software

It may be noted that a strong legal tradition helps people and companies stay out of each other's way. But the law does more than protect people from each other. It creates the ways that people and companies can cooperate with each other to get bigger and better things done.

What are common remedies in breach of contract cases?

Breaches of contracts are common. Construction companies fail to complete their work on time, resulting in a homeowner moving into their house later than expected. A medical provider may neglect their duty to protect the privacy of their patients, breaching their agreement that they made with them. These are just two examples of how companies may breach contracts with their customers. There are many different remedies that a company may be ordered to pay when such an event happens.

How do minor and material breaches of contract differ?

There are two primary types of breaches of contracts: minor and material ones. Parties that enter into contractual agreements with one another may be required to meet certain obligations or be subject to certain penalties depending on the type of breach that they're alleged to have had a hand in.

You just may not be bound by your Florida non-compete agreement

On July 1, a new Florida statute went into effect that aims to change how physicians' non-compete agreements have historically been enforced. Florida Statutes Chapter 542 has now been updated to disallow health care organizations from suing doctors practicing in certain fields or rural areas for violating their non-compete agreements.

Know contract terms so you are aware of how breaches are handled

Breach of contract is a serious legal matter because contracts are meant to be followed. When one party doesn't follow it, the other party can suffer damages. The goal of the legal action after the breach is to help the party recover what they lost because of the issue.

Violating a contract can lead to serious legal troubles

Contracts are meant to provide protections for both parties that sign them. Each has conditions that they must meet. When either side doesn't uphold their end of the contract, a breach of contract has occurred. In some cases, this might lead to a lawsuit.

Did you uphold your end of the contract?

When you signed the contract, you had high hopes for the business partnership moving forward, knowing that it could benefit both of you. When the other party breached the contract, you saw all of those dreams fall apart in a hurry. Now you're wondering what you can do to make things right.

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