What are the legal remedies for a breach of contract?
In Hawaii, legal remedies for a breach of contract are determined by the specific details of the contract. Generally, when a party breaches a contract, the aggrieved party is entitled to monetary compensation for the damages suffered, known as “damages for breach of contract.” These damages may include lost profits, wasted expenses, and/or costs associated with mitigating the breach. The non-breaching party may also be entitled to “specific performance,” which compels the breaching party to fulfill the obligations required by the contract. In certain cases, the contract may be deemed “void” if there is a material breach, which allows the non-breaching party to void the contract. Finally, the non-breaching party may also request that the breaching party to be held in contempt of court or seek an injunction prohibiting the breaching party from completing certain actions which are prohibited by the contract. The specific remedies for breach of contract can vary depending on the terms of the contract and the type of breach that occurred. Thus, it is important for both parties to carefully review the contract in order to understand their rights and obligations. If both parties are unable to reach an amicable solution, they may need to turn to the court for assistance.
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