It can be frustrating when the other party or parties involved in a contract fail to abide by their side of the agreement. This can cause businesses to suffer financially and impact their flow of operations. If this is an issue you are currently facing, don’t hesitate to contact our Rockland County, NY breach of contract lawyer about your situation. Our team at Kantrowitz, Goldhamer & Graifman, P.C. is ready to intervene for your best interests and the most ideal outcome possible. Countless new contracts are signed each day, particularly among businesses. However, just because people sign contracts all the time doesn’t diminish their importance and the expectation that everyone should fulfill their end of agreement.
Breach Of Contract Explained
Breach of contract is any violation of agreed-upon terms and conditions. There are many kinds of violations that would be considered a breach of contract. Since signing a contract means it is legally-binding, it does hold weight in court if the dispute goes to litigation. Individuals and companies can take their case to court if a breach happens. But there must be enough proof of the presumed breach and that the non-breaching parties should have received what they were promised. In some circumstances, the party that suffered from the breach may also be provided punitive damages. As our knowledgeable breach of contract attorney explains, elements of a well-drafted contract clearly outlines the following:
- An offer
- Term and conditions mutual acceptance
- Proof of the contract agreement between both/all parties
- Intention from all parties for the document to be legally-binding
If one or more parties breaks the terms of the agreement, then a breach of contract has occurred. While a breach of contract can happen for numerous reasons, the most common are failure to complete a project on time, failure to provide payment on time, failure to meet standards as in the contract, and failure to finish a project as described in the contract. Breaches of contracts can vary greatly, but they all may lead to a difficult situation that no business wants to be a part of. If you would like tips about how to handle or prevent contract breaches or disputes, contact our team as soon as you can.
Kantrowitz, Goldhamer & Graifman, P.C.
At Kantrowitz, Goldhamer & Graifman, P.C., we understand that no business wants to deal with a contractual dispute. It is not only frustrating when one party fails in their obligations, but it can actually cause a business to suffer in some way. If you are currently dealing with a contract related problem or other business matter, our NY breach of contract attorney is ready to speak with you. After we consult with you and hear more about the contract violation, we can make recommendations for how to resolve it quickly and efficiently. Our team is prepared to offer insight and strategy today. Contact us at your earliest convenience for a consultation.