The Chronology and Damages are the Keys to a Breach of Contract

The Chronology and Damages are the Keys to a Breach of Contract

After more than 40 years of experience I can tell you the chronology and damages are the keys to a breach of contract case.  My name is Dan Watkins, and my law firm takes a unique approach to business disputes and lawsuits such as a breach of contract that are designed to resolve matters quickly and in a cost-effective manner.

What is a Chronology and What Are Damages?

What is a chronology and what are damages and how can your Watkins Firm attorney work to gain an advantage in your breach of contract case?  The first step in a business dispute or lawsuit is to develop the strongest possible chronology of events surrounding the contract breach.  This includes all written, email and telephone communications, documents, contracts and supporting materials arranged in chronological order. The chronology provides a sound foundation and the real “story” of what happened and why.

What are “damages” and what are the responsibilities of the non-breaching party?  Damages are the financial cost of the additional efforts and expense required to achieve the original “benefit of the bargain” anticipated in the contract that was breached.  On party contracted with another, and one of the parties didn’t deliver the “benefit” they promised.

The associated contract (hopefully) included provisions regarding a promise to pay a specific value or provide a product or service to receive the benefit of the bargain.  The victim of the breach of contract will need to to make efforts to secure another source or vendor, and that vendor may have charged a bit more for the same goods or services than had been originally contracted for.  The difference between amounts specified in the original contract and the ultimate amount the victim of the breach is required to pay are part of the damages that may be recovered.

This is why the chronology and damages are the keys to a breach of contract.  A strong chronology provides evidence of the expectations of the parties, the contract(s), the actions and communications of the parties and what resulted throughout the process.

It is the responsibility of the non-breaching party under California law take prompt and prudent action to reasonably limit the extent of the losses you incur.  The legal requirement to mitigate the damages is the “reasonable” side of contract law – if a business partner fails to hold up their end of the bargain you need to take reasonable action to reduce the financial impact on your own business.  If you fail to do this, you may not be able to hold the breaching party liable for any amount of money.

What specific actions are considered reasonable, timely and prudent?  This is why you need the advice and counsel of a breach of contract attorney at the Watkins Firm.

The Chronology and Damages are the Keys to a Breach of Contract

This is why the chronology and damages are the keys to a breach of contract case in San Diego and Southern California.  The experienced business litigation attorneys at the Watkins Firm work extensively to build a strong chronology as well as quantify and master the damages associated with a breach of contract.

After more than four decades of experience in breach of contract cases here in San Diego, our lawyers understand that our clients are almost always interested in resolving their disputes in the shortest possible timeframes and with a minimum of cost.  A strong chronology and mastery of the damages provide the leverage needed to get the attention of the other party through a strong demand letter and compel them into cooperative action in order to negotiate a fast and successful resolution to the breach of contract.

40+ Years of Proven, Successful Experience Resolving Breach of Contract Disputes in San Diego and SoCal

The Watkins Firm has more than 40 years of experience successfully resolving breach of contract disputes.  We are able to resolve the vast majority of our breach of contract cases through effective, leveraged negotiation. This is the fastest and least expensive strategy to accomplish our client’s goals and objectives and resolve a breach of contract dispute.

If you are involved in a breach of contract or any business dispute 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. You will appreciate our unique approach to litigation, and the actions we take to resolve your disputes quickly and cost-effectively.