Do you have to provide notification of a potential breach of contract? Providing notification of the possibility for a breach of contract to the other party or parties to a contract may help to reduce your exposure, while preserving valuable options for resolving any dispute arising from the breach. If a party is harmed by a breach of contract in San Diego or throughout California, they are required to take prompt and prudent action to “mitigate” any costs or damages which might result from the breach of contract.
Resolving a Breach of Contract in San Diego
When you provide notification of a potential breach of contract it can help to open the door to negotiation with other parties to the agreement. This is why it is so important to contact the experienced San Diego business contract and contract dispute resolution attorneys at the Watkins Firm. We add more than 40 years of experience to strengthen your side of the equation and help you to avoid a serious and protracted dispute or litigation.
You may simply need additional time to complete your work under the contract. A critical component necessary for you to complete your “product” may have become unavailable due to circumstances beyond your control. In any event, communication with the other parties protects your interests as the party who may be the cause of a potential breach of contract.
The experienced breach of contract defense attorneys at the Watkins Firm have four decades of experience protecting our clients and helping to develop a contract modification or settlement agreement in breach of contract scenarios. A small modification to the original agreement could allow the parties to complete the transaction and achieve the benefit of the bargain originally intended. The cost to achieve the modification will be substantially less than any risk you might face in a breach of contract scenario.
When Do You Have to Provide Notification of a Potential Breach of Contract in San Diego or Southern California
If you are concerned about your position in an agreement and are considering whether it is in your best interest to provide notification of a potential breach of contract it is important to seek the sound legal advice and counsel of the Watkins Firm prior to notifying the other parties. Our attorneys have advised San Diego businesses and business owners for decades, and can help to provide insight and valuable guidance on the situation.
We invite you to review our podcast Episode 5 – Breach of Contract as well as the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today.
We will discuss what has happened, and help to identify options for resolving the situation and to take actions to prevent or reduce the impact of any future business dispute or litigation that might result.
