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When two parties enter into a contract, they make certain promises to each other that are legally recognized by the law. Failure to fulfill those promises can result in a breech of contract and can often result in one or both parties seeking legal counsel. If you are involved in a breech of contract dispute, it is important to obtain the services of a qualified construction litigation attorney immediately. The quicker your attorney is involved in the case, the quicker he or she will be able to reach a settlement and resolve the dispute.
There may be several reasons why a breech of contract dispute may arise:
• Failure to perform on time
• Failure to meet all the terms of the agreement satisfactorily
• Failure to perform the job at all
If you are involved in a breech of contract dispute, the law allows you to recover any damages.
A breech of contract; however, does not excuse the non-breeching party’s performance. You are still legally obligated to uphold your end of the contract. A “material breech of contract” on the other hand, is a significant breech of contract that does excuse the non-breeching party from further performance under the contract. Your construction litigation attorney will be able to help you determine which breech of contract you are involved in and what your best course of action would be.
Some of the most common types of breech of contract disputes are:
• Unpaid loans: If you loan money to another company, you may be able to recover you money legally.
• Failure to perform a professional service
• Failure to supply goods in accordance with the contractual agreement
• Failure to provide appropriate materials on time
• Real estate disputes
Luckily, in the construction industry, most contracts are specifically designed to determine what constitutes a breech of contract. However, as construction continues to change and evolve, new situations can arise that are not specifically covered in the contract. In these situations, it is in both parties’ interest to resolve the matter quickly and through negotiations in order to minimize project delays.
When a breech of contract dispute arises, every aspect of the construction project can become affected. If not addressed quickly, these disputes can quickly escalate. At the Construction Law Firm of Jeffrey A. Knoll, we seek to avoid costly litigation and strive to resolve breech of contract disputes through mediation or arbitration. If litigation is needed, our construction litigation attorneys are skilled in handling all forms of litigation to achieve the highest results for our clients.
Colorado construction lawyer Jeffery A. Knoll is committed to resolving issues related to a breach of contract. If you have questions about protecting yourself or your company from costly construction litigation our law firm can help. Your initial consultation is always free. We are Colorado’s construction litigation law firm. Call today at (303) 985-1185.
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