What is a breach of contract in business litigation?
A breach of contract in business litigation is the breaking of a contract’s agreed-upon terms. Generally, a contract is breached when one of the parties does not fulfill their obligations. In business litigation, when a party does not follow the contract’s terms, the other party can file a lawsuit to recover damages or seek other remedies. In New Hampshire, the consequences for breaching a contract depend on the severity of the breach and its consequences. For example, if the breach only causes a minor inconvenience to the other party, the court may only require the offending party to perform the duties in the contract. Alternatively, if the breach causes a significant loss to the other party, the court may award money damages or force the other party to fulfill the contract. The party claiming a breach of contract must show that both parties agreed to the terms and that a breach did occur. The other party can defend themselves by claiming the plaintiff did not fulfill their obligations or that the contract was not valid. When a breach of contract occurs in New Hampshire, the court will consider all factors to decide the best course of action. The court may award damages to the plaintiff, require the offending party to carry out their responsibilities, or both. Ultimately, it is important to get the advice and guidance of a lawyer when filing a business litigation lawsuit.
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