Commercial contract disputes are a common occurrence in both business and personal contexts, often arising when one party fails to fulfill their obligations as outlined in an agreement. Here are just a few examples of some common contract problems:
- Suppliers failing to deliver paid-for goods or services
- Builders leaving construction projects & extensions incomplete
- Online retailers shipping incorrect items
- Contractors performing substandard work or neglecting their duties entirely
A breach of contract generally occurs when one party fails to meet its obligations. It does not generally matter whether a contract was verbal, written in a document or even implied through conduct. It can still be legally binding. One party should be able to expect the other party to it keep to the contract terms.
Compensation For Breaching a Commercial Contract
Compensation (or ‘damages’) for breach of a commercial contract puts you in the same position as if the contract had been performed. For example, you might be entitled to compensation for the profit you would have made if the contract had been performed. Alternatively, you might be entitled to get back your wasted expenditure. That means you can recover the costs you have incurred in the expectation of the contract being performed.
It is important to take advice about a particular set of circumstances. Call us today to discuss your commercial contract dispute and how we can help.
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Whether you’re dealing with a commercial contract dispute in Newport, Bristol, Chepstow or elsewhere, it’s essential to seek expert legal advice to understand your rights, explore your options and potentially pursue compensation for damages incurred.
All initial enquiries with our experienced commercial solicitors are completely free of charge. Call us now on 01291 639280 or 0117 233 8744, email info@feakes-legal.com, or complete a Free Online Enquiry for a free no-obligation discussion, and let us explain your legal rights and options.
