Breach Of Contract
Unfortunately, it is common that parties to a contract fail to live up to their obligations. When someone does not comply with their obligations under written or verbal contracts, they might be held liable for damages for breaching the contract. When a party to a contract breaches it, it might cause you and your family financial losses, stress and disruption to your life. There may be many reasons why a party breaches a contract. Some might be excused. Others are not. The consequences of one party’s breaching a contract are usually the same. The other party suffers economic damages, losses, and is denied the benefit of the contract.
Contracts may be in writing. Some may be verbal. The statutes of limitation on a cause of action or breach of an oral contract is two years. It’s four years for breach of a written contract. The damages available for breach of a contract can include lost wages, earnings, profits, and benefits.
The attorneys at The Law Offices of Daniel Feder have more than 25 years of experience handling breach of contract cases. We have handled the following types of breach of contract matters:
- Business and partnership disputes
- Purchases and sales of businesses, property or real estate.
- Failure to acquire or sell personal property
- Employment agreements or other service agreements
- Construction agreements
- Moving agreements
- Agreements between businesses for the exchange of goods or services