One of the most common lawsuits in Los Angeles is breach of contract. Under California law, a breach of contract can be based on an oral contract, a written contract, or an implied contract. Such breaches may occur between two individuals, two businesses, or between an individual and a business.
There are various remedies for breach of contract available under California law. These include:
- Reliance Damages
- Restores the party who was the victim of the breach to the position the party would have been in had the contract never been made.
- Restitution Damages
- Returns the benefit, if any, received by the breaching party back to the party who was the victim of the breach of contract.
- Consequential Damages
- Available only if the damages were foreseeable–or should have been foreseeable–to the breaching party.
- Liquidated Damages
- This type of breach of contract damages are specifically laid out in the contract that was breached. They are a specific amount that the non-breaching party is entitled to recover from the breaching party. They are not always enforceable.
There are additional remedies that may be available, depending upon the type of breach you have suffered. However, for each type of breach, the damages must be reasonable. Moreover, there are various considerations before proceeding with a breach of contract claim. These are a bit too complex to address in a blog.
If you have a contract with another party that you believe has been breached, you need an attorney from Beverly Hills Law Corp., PC who can assess your situation and consult with you as to how best to proceed. We are at your disposal, whether you reside in Los Angeles, Beverly Hills, Santa Monica, West Hollywood, Burbank, Glendale, Pasadena, or surrounding areas. Feel free to contact us at any time.Back To All News