Contract Litigation
Contract Litigation is the legal process of settling disagreements resulting from contracts, whether they are brought about by a party claiming that the other party has broken the terms of the agreement or by a challenge to those terms.
Demonstrating the terms of the contract, assessing its enforceability and legality, determining whether a breach occurred, and figuring out what remedies and damages are owed are all necessary for contract litigation.
Important Aspects of Contract Litigation:
- A resolution of disagreements regarding the performance, interpretation, or other duties of contracts.
- Addressing violations such as nonpayment, delivery problems, non-performance, or confidentiality clause violations.
- Researching legal remedies such as contract rescission, specific performance, or money damages.
- Litigation for the enforceability of contract terms and relief for alleged breach of contract can be common, but negotiation or mediation may be tried prior to court.
Contract disputes are often brought in a variety of settings, such as government contract matters, business contracts, employment contracts, construction contracts, and partnerships. Using complicated contract language and having competent lawyers argue in court requires the best lawyers.
List of the most common types of contract disputes:
- Breach of Contract: It is when one party to the contract does not perform its obligations under the contract, such as a lack of payment, delay in delivery, or lack of fulfillment (the violation can be minor or material).
- Conflicts over Contract Interpretation: Unclear contract language may give rise to conflict over what is meant by a particular term or clause in the contract.
- Non-Performance: When one party to a contract breaches it without any reason, it can have a real effect on the relationship between the parties as well as any financial investments.
- Payment Disputes: Often reflected in vendor construction and service contracts, disputes revolve around payment amounts, late payments, or non-payment.
- Contractual Fraud: A breach of contract is when one party uses deception (e. g. misleading information or withholding information) to convince another party to enter a contract.
- Contract Modification Disputes: Disputes can arise if the parties cannot agree upon changes to a contract or if a contract was changed without the parties’ consent.
- Missed deadlines: Arguments over missed performance or delivery dates can sometimes result in financial loss (in industries with specific time constraints).
If they are not handled properly, these conflicts can have serious financial consequences, derail business operations, and cause problems in relationships.
When informal dispute resolution techniques do not work, formal legal action is taken to settle disputes and enforce rights under a contract.
How CityLaw Can Help?
Our skilled contract lawyers can assist whether you are just starting the negotiation process or have encountered a dispute over how to interpret an existing contract. Your legal team will have the best chance to fully represent your interests and get the best outcome on your behalf if you involve them as early in the process as possible. Reach out to CityLaw for the best solutions.
