What are the remedies for breach of contract?

In Nebraska, remedies for breach of contract are typically provided for under the Nebraska Uniform Commercial Code. Generally speaking, remedies for breach of contract in Nebraska fall into two types – legal remedies and equitable remedies. Legal remedies involve a court awarding a sum of money to one of the parties as compensation for the breach. This is usually known as “damages” and is determined by a judge or jury depending on the facts of the case and the type of breach. Legal damages can be calculated based on the amount of money or value lost due to the breach, or they can be based on a set amount stated in the contract itself. Equitable remedies refer to those remedies that cannot be measured in monetary terms. These remedies can include things like specific performance, which is a court order directing the breaching party (the one who failed to fulfill contract terms) to fulfill their obligations, and/or injunctions which are court orders preventing a party from taking any action that would violate the contract. Both legal and equitable remedies are available to those claiming breach of contract in Nebraska. It is important to note that the remedies available may vary depending on the facts of the case and other legal issues. As a result, it is important that anyone claiming breach of contract in Nebraska consult an experienced attorney to determine which remedies may be available in their case.

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