Contracts are everywhere. Almost every time you agree to do something for someone else in exchange for them doing something for you, you've made a contract.
A contract involves provision of value on each side. A mere promise is not a contract. So, for example, a friend's promise to give you his car, unless you have promised to do something in return, cannot be enforced under contract law.
Because there are so many contracts, breaches of contract are also frequent. Normally these are trivial and you ignore them, but when they are not, you need expert representation.
There are many ways to resolve contract disputes arising from a breach of contract.
Remedies for breach of contract
The usual remedy for breach of contract is that the party that has failed to perform its side of the bargain can be sued for damages by the other party for the losses that this causes to the other party. The principle here is to restore the person to the position they would be in had the breach of contract not occurred.
Another remedy is called 'specific performance'. In this case the court can order the refusing party to the contract to perform their side of the bargain.
A further remedy is that of 'rescission', where the party whose contract was breached cancels the contract. In this case, the party who committed the breach can still be sued so that the other party is in no worse position than they would otherwise have been.
Where a contract is badly or incompletely performed, the claim will be for damages. Find out more about remedies for Breach of Contract.
How Selachii Can Help
Selachii is a dynamic litigation and dispute resolution law firm based in Kensington, London. We put the best interests of our clients at the heart of everything we do. We work with both businesses and private individuals, giving them legal advice and support which is unique to them and their situation.
We don’t believe in simply handing out one-size-fits-all solutions to problems. We will focus on your specific circumstances before working out the best and most cost-effective way of helping you achieve your aims.