Businesses establish contracts for a variety of reasons. There are real estate contracts, sales contracts, employment contracts, and many more. Contracts are created to ensure that all parties involved follow through with the terms of the contract. However, sometimes contracts are breached, and the results can be harmful or even devastating to an individual or a business.
A breach of contract means that one party has failed to uphold their obligations according to the contract. This can result in financial hardship, loss of property, and other difficulties for the other parties involved. The non-breaching party or parties can file a lawsuit against the at fault party for being in breach of contract.
If you need to file a lawsuit or you need defense due to a lawsuit filed against your business, the Houston Breach of Contract Lawyers of Feldman & Feldman focus on contract disputes in commercial law.
Filing a Breach of Contract Lawsuit
Have you been wronged by a business partner, client, or employee who is in breach of contract? If so, you have the right to file a civil lawsuit. These cases can be complicated, so you need the help of an experienced breach of contract lawyer.
When it comes to filing a breach of contract lawsuit, you have two options: file to enforce the contract, or file to collect damages.
By taking legal action with the help of an experienced business lawyer, you can attempt to force the other party to uphold their end of the agreement. This may help your business avoid financial hardship and consequences that cannot be undone.
If the consequences of the breach of contract have already occurred, you can sue for the resulting damages.
Fighting a Breach of Contract Lawsuit Against Your Business
On the other side, if you’ve had a breach of contract lawsuit filed against your business, you need legal defense. Some of the defenses that can be used to fight a breach of contract lawsuit include:
- Termination of a contract for cause: Most contracts include terms that allow one party to terminate the contract under certain circumstances.
- Fraud: If you were coerced into a contract under false pretenses.
- Prior breach of contract: If the other party breached the contract first.
- Statute of limitations: The lawsuit must be filed within four years of the breach.
- Repudiation: If the other party refuses to uphold a part of the contract.
- Duress: If the party in breach of contract was forced into the contract.
Of course, some conditions make these defenses more or less effective, depending on the situation. This is where the skill and experience of a breach of contract lawyer is beneficial.
Get Contract Assistance from Feldman & Feldman, Houston Breach of Contract Lawyers
Whether you’re facing a lawsuit or filing one, Feldman & Feldman can help you with your case. Our law firm has handled business law matters since its inception, including many breach of contract lawsuits. You have a better chance of recovering your losses or avoiding paying damages when you work with experienced Houston breach of contract lawyers. Contact Feldman & Feldman today to schedule a consultation.