Dallas Business Law Attorneys Assisting When There Has Been A Breach Of A Texas Contract
Few things matter in business more than contracts. 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 Dallas business law attorneys represent companies throughout the DFW Metro area when it comes to enforcing contractual rights. Contact us today to speak with a lawyer.
Dallas 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. One is generally entitled to the value that they were to have received, the benefit of the bargain, when a contract is breached. In other instances, you may be entitled to specific performance or rescission of the contract. Frequently, you can 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 lawyers 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 immediate action is necessary to protect your rights, such as an employee’s breach of a non-compete or confidentiality agreement, then we will file a civil action in state or federal court. We will request any necessary injunctions to stop the activity pending resolution of the case. We will keep you informed throughout the process and protect your interests. Our firm also services 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 Texas business’ contract has been breached
Business relationships can be complicated. Even when an agreement is reduced to writing and the other party is in breach, we understand that enforcing the terms through legal action may not be the best option. In some cases, it is more beneficial to long-standing business relationships to handle such matters outside of court so as not to damage the relationship you have built up with the other party. In such situations, it is imperative to discuss your options with an attorney. Doing so can help ensure that the proper waivers or amendments to contracts are prepared and ensure that you are not forfeiting your rights for future enforcement. In addition, it may be possible to resolve your dispute through mediation or arbitration, resulting in significant savings. Our lawyers will assist you in dealing with the other party through firm, but cordial means, as necessary. Contact our Dallas office to schedule a consultation with an experienced business attorney. We serve business clients throughout Texas.