Austin Business Lawyer

Breach of Contract Attorney Serving Austin

In business law, a contract is a legally binding agreement between two parties to do something or refrain from doing something. When a business contract exists, it may be for the purpose of purchasing supplies, buying property, insuring employees, or entering into a buy/selling agreement. For any business owner to be successful, they should become very familiar with business contract law.

There are several ways that a contract can end; however, a breach of contract refers to when one of the parties did not hold up their end of the agreement. Such breach occurs when one party failed to fulfill their responsibilities outlined within the contract. A breach can range from something very minor, to something quite severe, which can ultimately cost the other party a significant amount of money. If you have experienced a breach of contract with another entity, you should contact an Austin business law attorney as soon as possible to find out if you have a claim for damages.

A major breach otherwise referred to as a material breach can give rise to a claim for damages. The amount of damages that is owed to a party will depend on a variety of factors such as who breached the contract and what sorts of damages were subsequently incurred. If a substantial breach occurred, the courts may award foreseeable damages. Foreseeable damages refer to those damages that both parties should have anticipated when the contract was originally formed.

Have you been a victim of a breach of contract?

If you have experienced a breach of contract you probably have a lot of questions and naturally so. Attorney D. Scott Heselmeyer can help you ascertain whether or not you have a breach of contract claim, as well if and how much damages may be due to you. Breach of contract cases can be confusing and you are probably very curious as to what your rights are. There are different types of damages in breach of contract cases including: liquidated damages, specific performance, rescission, restitution, loss of use, loss of credit reputation, and compensatory damages.

The first step is to find out if you had a valid and enforceable contract. Once it is determined that you have a breach of contract claim, Mr. Heselmeyer will then ascertain what type of damages you are entitled to, depending on the facts of your case. In any breach of contract case, it is wise to consult with an experienced business law attorney who can explain your legal rights as well as your right to pursue damages against the other party.

Contact an Austin business law attorney from the firm if you have experienced a breach of contract.