Many commercial relationships are founded upon contracts. As a business owner who required an employee or business partner to sign a breach of contract claim, you have a reasonable expectation that they will abide by the rules set out in this claim. That said, if the individual failed to do so and your business incurred damages as a result, you may have a valid breach of contract claim. For more information on what damages your California business can recover in a breach of contract claim, please continue reading, then contact an experienced Los Angeles, California commercial litigation lawyer today.
What are the primary types of damages available for breach of contract cases in California?
In the Golden State, the point of damages for breach of contract is to put the plaintiff in the same position that they would have been in, had the breach never occurred. As long as we can prove as much, you should be entitled to two types of damages: general damages and special damages. General damages deal with the financial losses that your company has incurred as a direct result of the breach of contract, while special damages deal with incidental damages caused by the breach. Though these are a bit more difficult to define, with a competent attorney in your corner, you drastically increase your chances of getting fairly compensated for all damages your business has incurred.
Are there additional damages my business can recover following a breach of contract?
In short, yes. In some cases, a business owner may attain three additional types of damages. These include liquidated damages, equitable relief, and punitive damages. If you would like to learn more about the potential damages you may recover compensation for as a business owner, our legal team is here.
Whether you require assistance drafting a binding contract in the first place or holding a defendant accountable for breaching it, you should strongly consider retaining the services of a skilled Los Angeles, California labor lawyer who will fight for you and your rights at any stage of this process.
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If you are involved in an employment-, commercial- or church-related dispute, contact Lee Law Offices today.