An agreement offered by one party and accepted by another is a contract. Contracts typically take the form of written documents in Illinois, but certain oral agreements can also be considered contracts. Breach of Contract is when a contract is not fulfilled by one or more parties. In the course of business, a party may choose not to live up to its bargain, and in some situations it might even be impossible to do so. The consequences for a breach of contract are determined by the circumstances. Often, the party at fault will pay the other for the loss caused by the breach.
What If Someone Fails to Honor Their End of the Contract in Glencoe
Breaches of contract in Glencoe are typically handled by the party who breached paying the other party monetary damages. The exact amount of damage awards, however, is often a matter of disagreement. If this disagreement cannot be resolved, the matter may be taken to court. Courts usually require you to plead the amount of damages you suffered in the initial complaint.
What If I Can
Sometimes a monetary award will not help, and in such cases courts in Glencoe, Illinois may grant injunctions that require the party at fault to perform its obligations. You should consider whether this kind of remedy suits your situation, and if it does, the concern must be plead properly to the court so that it can consider the question. Breaches of contract sometimes involve no wrong doing by the breaching party. Therefore, more than the question of whether a breach of contract truly occurred is considered by courts. How and why the contract duties went unmet are also factors in Illinois law.
How Can an Attorney Help?
If a party intends to violate a contractual agreement, it must proceed carefully in making its intention known to the other party. If voiced improperly, statements of intent to breach a contract may be taken as wrong doing. When fulfilling a contract becomes unrealistic, it is important to be aware of the unique ways that Illinois law may impact your case. Glencoe, Illinois If you believe a contract has been or may be violated, you should consult with an Attorney before proceeding. Contracts disputes almost always involve delicate issues of timing. A Glencoe, Attorney specializing in contractual breach can lend help when things go wrong.