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Breach of Contract Attorneys in Ventura

We have extensive experience with contract disputes.

Businesses depend heavily on contracts to regulate how a business is run and to prevent future damages. There are still some cases, however, in which a contract is breached by one or more parties. When this happens, litigation is often necessary in order to resolve the issue and recover any damages that were caused by the breach.

Slaughter, Reagan & Cole, LLP's team of Ventura business litigation lawyers has more than a century of combined legal experience and can help you take action in case of a breach of contract in Ventura County. We handle breaches of employment contracts, sales agreements, shareholder agreements, leases, and other general business contracts.

Types of Contract Breaches

Breaches of contract can be material or immaterial. A material breach occurs when one party fails to uphold their end of an agreement and causes monetary or other damages. Lawsuits for material breaches can be filed to require specific performance as well as monetary compensation. Immaterial breaches are also known as partial breaches and can only recover compensation for actual damages. No specific performance can be required in a lawsuit for an immaterial breach of contract.

Remedies for Breach of Contract

If your business contract has been breached there are three types of remedies you can take:

  1. Damages
  2. Specific Performance
  3. Cancellation and Restitution

The most common remedy for breach of contract is “damages”. This means that the breaching party must pay money for violating the terms of the contract. The amount is for covering any loses as a result of the breach and depends on the extent of the damages that were done. There are many types of damages including:

  • Punitive Damages
  • Compensatory Damages
  • Nominal Damages
  • Liquidated Damages

Specific performance is a remedy to breach of contract that refers to the breaching party’s performance of their duty under the contract. It orders the breaching party to comply with the terms in the contract -- they are required to do what they originally promised to do. This remedy is usually considered when the money damages won’t provide adequate compensation to the innocent party.

The cancellation and restitution remedy is for when the innocent party decides to cancel the contract altogether and then sue for restitution instead. With this option, restitution will put the innocent party “back in the position” as it was before the breach. It is intended for the breaching party to return all money or property they received from the plaintiff while under the contract. The cancellation voids the contract completely and relieves both parties of any obligation.

Contact a Business Lawyer from Slaughter, Reagan & Cole, LLP

Speak with an attorney from our firm right away to learn what options you have to resolve a breach of contract. Our firm has built a strong reputation for success with clients and peers alike. We are AV® Rated by Martindale-Hubbell® and have been selected for inclusion in the list of California Super Lawyers®. We carefully analyze each client's case from a cost / benefit standpoint before they retain our services.

Through a free case evaluation, you can learn exactly how a member of our team can help you resolve your contract dispute. Contact us at your earliest convenience to get started!