Contracts are the backbone of any successful business. When a breach of contract occurs, it can disrupt your operations, strain relationships, and threaten your company’s financial health. Whether it’s a supplier failing to deliver, a partner breaking their promises, or a client refusing to pay, the frustration and financial loss can be overwhelming. It’s at moments like these when businesses need to understand their legal options and take decisive steps to protect their interests.
At Taylor Odachowski Schmidt & Crossland, LLC, we understand the importance of holding others accountable when they breach a contract. With years of experience in navigating complex contract disputes, our team is dedicated to helping you find the best solution – whether it’s pursuing legal action, seeking compensation, or renegotiating terms. Contact us today to learn how we can support your business through every step of the process.
What Is Considered a Breach of Contract?
A breach of contract occurs when one party fails to fulfill their obligations as outlined in a legally binding agreement. For a contract to be valid, it must include an offer, acceptance, consideration (something of value exchanged), and mutual agreement by both parties. When one party doesn’t follow through on their agreed terms, the other party may be entitled to seek legal remedies.
Breaches of contract fall into two main categories:
- Material Breach: A material breach is a significant failure to perform that undermines the purpose of the contract. For example, if a contractor fails to complete work on a building project as agreed, the non-breaching party may claim a material breach because the purpose of the contract was not met.
- Minor Breach: Also known as a partial breach, a minor breach occurs when the non-performance is less serious but still violates the terms of the agreement. An example might be delivering goods late but still completing the order. In these situations, the contract remains in force, but the non-breaching party can still seek compensation for any losses caused by the breach.
If you believe someone has breached a contract, seeking legal counsel can help clarify your options.
What Options Does a Business Have After a Breach of Contract?
When someone breaches a contract with your business, you have several legal options to address the issues, such as:
Negotiation or Mediation
The first step in resolving a contract dispute is often attempting to negotiate with the breaching party. Businesses may find that discussing the issue and coming to a mutual agreement avoids the costs and time associated with litigation. In many cases, this can lead to an amended contract or a settlement that both parties find acceptable. Mediation, where a neutral third party facilitates negotiations, is another option if direct talks stall.
Demand Letter
If negotiation isn’t successful, your business can issue a demand letter. This formal written notice outlines the breach and the remedies your business is seeking. A demand letter is often a precursor to litigation and serves as a final warning to the breaching party, giving them a chance to rectify the situation.
Litigation
When negotiations fail, your business can file a lawsuit for breach of contract. Through litigation, you may be able to recover damages or force the breaching party to perform their obligations under the contract. Courts in Georgia may award various forms of relief, such as compensatory damages or cancellation of the contract.
Arbitration
If the contract includes an arbitration clause, your business may be required to resolve the dispute through arbitration rather than through the court system. Arbitration can be quicker and less expensive than litigation, but it may limit your options for appealing a decision.
How Can a Lawyer Help?
When dealing with a breach of contract, having an experienced Brunswick, GA breach of contract lawyer from Taylor Odachowski Schmidt & Crossland, LLC on your side can make a significant difference in how your case is handled and resolved. Our expertise helps ensure your business interests are protected by providing:
- Legal Guidance: A breach of contract attorney will carefully review your contract and the details of the breach to determine your best course of action. We can guide you through the options, whether it’s pursuing mediation, filing a lawsuit, or exploring alternative resolutions like arbitration.
- Protecting Your Rights: A breach of contract lawyer ensures your rights are protected at every stage of the process. We can help negotiate a fair settlement or represent your interests in court if the case escalates.
- Maximizing Compensation: Experienced Brunswick, GA breach of contract attorneys know how to pursue the full compensation you deserve for losses caused by the breach. Whether it’s recovering financial damages or enforcing contract terms, we aim to get you the best possible outcome.
If your business is facing a breach of contract, reach out to Taylor Odachowski Schmidt & Crossland, LLC today.
Protect Your Business with Taylor Odachowski Schmidt & Crossland, LLC
A breach of contract can severely impact your business, but you don’t have to face it alone. At Taylor Odachowski Schmidt & Crossland, LLC, our Brunswick, GA business litigation lawyers have decades of experience helping businesses navigate complex contract disputes. Whether through negotiation, mediation, or litigation, we work diligently to safeguard your interests and find the best path forward. Our personalized approach ensures you receive the guidance and support needed to resolve the breach and protect your business’s future.
If you’re ready to take the next step, we’re here to help. Contact us today at (912) 634-0955 or use our contact form to discuss your legal options and protect your business from the lasting effects of a breach of contract.
