Few things matter in business more than a contract. Businesses cannot function without them. As a business owner you need to know that your vendors will live up to their obligations and, vice versa, you need to know that your customers will honor their commitments. Unfortunately there are times when people do not live up to their obligations. When a contract with your business has been breached then it is important to take action immediately. Our Texas business law attorneys represent companies throughout the Dallas Metro area when it comes to enforcing contractual rights. Contact us today to speak with a lawyer.
Dallas Metro area attorneys assisting small business owners when a contract has been violated
A breach of contract occurs when there has been a clear agreement between two parties and one of the parties fails to live up to their end of the arrangement. Contracts are often written but, in many situations, can be verbal. When a contract is breached then you will generally be entitled to the value you were to have received – the benefit of the bargain. In other instances you may be entitled to specific performance or rescission of the contract. Frequently, you can also recover additional damages, interest, and legal fees. While this may sound straightforward, there are many nuances when it comes to Texas contract law. There may be disputes over issues such as:
- Whether a contract is enforceable
- The meaning of an agreement and how the terms are to be understood
- Whether one’s lack of performance actually constitutes a “breach”
- How to calculate the damages if a contract has been violated
- Whether there is fault on both sides
- Whether there has also been fraud or a breach of fiduciary duty
Hiring an attorney who understands these issues can make the difference between your contractual rights being enforced and losing out on the benefits of an agreement. If you are a small or mid-size company owner, and find yourself in such a situation, then you should seek counsel immediately.
Our Dallas Metro area attorneys assist small and mid-size business owners in contract disputes. Once retained we will analyze the agreement and related documents to determine the rights and obligations of the parties. If your rights have been violated then we will quickly send a demand letter to the other party insisting that the situation be corrected. If necessary we will file a civil action in state or federal court and request any necessary injunctions. We will keep you informed throughout the process and protect your interests. In addition to Dallas, our lawyers service Plano, Frisco, McKinney, Denton, Fort Worth, Garland, Irving, Austin, Houston, San Antonio, Nacogdoches, Lufkin, and Center, Texas.
Lawyers providing advice on how to proceed when a business’ contract has been breached
Our attorneys understand the importance of business relationships. There are times when a contract is being breached but you do not wish to damage the understanding you have built up with the other party. In such situations our attorneys will assist you in dealing with the other party through firm, but cordial, means. There are times for a strong hand and there are times for softer words. Price L. Johnson and his associates understand this. We make the law our business so you can focus on the most important thing – running your business.