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Tampa Bay Business Disputes: Breach of Original Contract
March 08, 2023
Running a business comes with many challenges, and one of the biggest ones is dealing with disputes. A common type of business dispute in Tampa Bay, Florida, is a breach of original contract. When a party fails to fulfill its obligations under a contract, it is said to be in breach of contract. Understanding the breach of original contract and how to deal with it is critical for businesses in Tampa Bay.
Understanding Breach of Original Contract
A breach of original contract occurs when a party fails to perform its obligations under a contract. There are three types of breaches: material, minor, and anticipatory. A material breach is a significant failure to perform that goes to the root of the contract, while a minor breach is a less serious failure to perform. An anticipatory breach occurs when one party indicates that it will not perform its obligations under the contract.
Common Causes
Common types of business disputes in Tampa Bay that lead to breach of original contract include disputes over payment, delivery of goods or services, and breach of confidentiality agreements. It is important for businesses to understand the potential for disputes before entering into a contract and to take steps to prevent them from arising.
Legal Options Available to the Non-Breaching Party
The Law Office of Robert Eckard & Associates, P.A. can help businesses facing a breach of original contract explore their legal options. In such cases, several remedies are available to the non-breaching party, including damages, specific performance, and cancellation and restitution. Our experienced business litigation attorneys can assist clients in negotiating a resolution with the breaching party, pursuing alternative dispute resolution methods such as mediation or arbitration, or filing a lawsuit. It is crucial for businesses to seek the guidance of an experienced attorney to determine the best course of action and protect their legal rights. Contact us today to schedule a consultation and discuss how we can help you navigate a breach of original contract case in Tampa Bay, Florida.