Contracts exist to provide protection for all parties involved. A breach of contract from either party will usually mean there has been a failure to comply with a certain term and the aggrieved party can claim damages.
What deter mines a breach and the resulting loss is a valid and complex question in some contracts, and expert opinion is needed to understand whether a breach occurred and what kind of compensation is relevant.
Damages – or compensation – are determined by a variety of factors and will largely depend on the facts of your case and your contract.
If you think you may be have breached a term of a contract and are liable, or you have a valid contract which you suspect may have been breached, contact us today to understand what options you have available. Gorval Lynch have been successfully running breach of contract claims and we keep your matter in strict confidence when discussing next steps.