What is equitable relief?

Equitable relief refers to a remedy determined by a court as just and fair in a given situation, rather than a remedy set forth by a law or statute. In the context of contract law in Pennsylvania, equitable relief is available when one party to a contract has acted unfairly, or if a contract contains an illegal provision or if there is a breach of contract. An example of this is when a court may order specific performance, meaning one party must complete the contract, even if a monetary payment cannot make a party “whole” again. Additionally, when a breach of contract has occurred, a court may grant an injunction, which is a court order that prohibits a party from taking a certain action. Finally, when there is an illegal provision within a contract, a court may grant a declaratory judgment, which is a court order that declares the legality of the contract or particular provisions of the contract. Through equitable relief, a court can craft a unique remedy to a unique situation, taking into account the individual circumstances of both parties.

Related FAQs

What is equitable estoppel?
What is anticipatory repudiation?
What is an indemnification clause?
What is a contract of sale?
What is the interpretation of a contract?
What is an executory contract?
What is a void contract?
What is consideration in a contract?
What is a material alteration of a contract?
What is acceptance of a contract?

Related Blog Posts

What Every Business Should Know About Contract Law - July 31, 2023
Understanding Contract Enforceability - Key Considerations - August 7, 2023
Drafting an Enforceable Contract: Best Practices - August 14, 2023
Creating an Effective Contract: Tips and Tools - August 21, 2023
Negotiation Strategies for Contract Law - August 28, 2023