Breached contracts can cost organisations thousands of pounds in lost revenue and legal fees. At Nath Solicitors in London our job is to fix the broken contract and recover any financial loss you’ve suffered.
The breach might be a failure to perform certain elements of the agreement or a failure to pay monies owed under the contract. The type of breach will dictate the legal options available to you. Our solicitors will assist in protecting your best interests and work towards obtaining a satisfactory and commercially sound result.
How can I avoid a breach of contract?
The commercial reality is that breaches of contract will occur from time to time. But you can minimise the possibility of a breach by ensuring clear, concise terms are drafted when you first negotiate the contract.
Our solicitors will work with you to understand your business, your market, and what you want to achieve with the contract. We will then work meticulously to draft unambiguous clauses that accurately reflect your objectives.
Alternative dispute resolution
Courts encourage parties involved in breach of contract disputes to consider alternative dispute resolution methods such as mediation and negotiation. Most people find these methods far cheaper and less stressful than traditional court proceedings.
At Nath Solicitors, we have an in-depth understanding of alternative disputes resolution methods and will advise and support you throughout the process. However, if court action proves inevitable, we will robustly represent you, achieving the results you need to rectify the losses suffered from the breach of contract.
Remedies for breach of contract
Remedies available for breach of contract include;
- liquidated and unliquidated damages
- specific performance
- prohibitory or mandatory injunctions
Our commercial contracts team will advise you on the best remedy for your situation. We understand the breach of contract may have already cost you a great deal in terms of lost productivity and stress. Our clients have peace of mind that when they instruct us on breach of contract matters that we will take control of the situation and swiftly work to obtain a suitable remedy.
To discuss how we can assist you with breach of contract matters, please call our London office on 0203 670 5540 or contact us online.