What are the remedies for breach of contract in San Diego and how can the Watkins Firm help you to resolve the dispute quickly and cost effectively? Well constructed contracts are fully enforceable here in San Diego and throughout Southern California. What happens when one party fails to fulfill their obligation under a contract? The Watkins Firm takes a unique approach to resolving breach of contract disputes which is designed to allow each party to achieve the “benefit of the bargain” while providing adequate compensation (when appropriate) for any damages which might arise from the breach.
Remedies for Breach of Contract Under California Law
What are the remedies for breach of contract in San Diego and what is the best option based upon both legal and business issues? California law provides several different types of remedies for a breach of contract including:
Monetary Damages – “Damages” are simply the financial equivalent of the general and consequential losses which occurred as a result of the breach of contract. The Watkins firm works to quickly and accurate assess both the general damages as well as losses which occurred as a consequence of the contract breach.
Rescission – Rescission allows the party who did not breach the agreement to be released from any performance obligations or duties established by the original agreement.
Specific Performance – in some cases the court may enforce the specific provisions of the agreement. For example, one party may have anticipated the purchase of a unique asset (such as a logo, trademark, or rare and valuable item) which cannot simply be purchased elsewhere. In these cases the Court may require the breaching party to perform on the agreement to ensure transaction is completed.
Liquidated Damages – Many contracts contain “liquidated damages” clauses which award a specific amount of compensation in the event of a breach of contract. These provisions are usually added in situations where determining actual losses created by a breach of contract are extremely difficult or impossible to calculate.
Learn More About Your Available Options in a San Diego Breach of Contract Case
What is the appropriate remedy in your case? What actions must you take under California law to protect your rights and the ability to recover your losses? We invite you to review the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today. Learn more about your rights and the remedies for breach of contract in San Diego which might be available to you under California law.
