“Breach of contract” simply means that one party to the agreement (or both) , without a legally-recognized excuse,
- broke the agreement in some way,
- refused to recognize the agreement,
- or acted in a way inconsistent with the existence of the agreement.
Not all breaches are the same or entitle the innocent party to the same legal remedy. Some breaches are considered “material.” A material breach occurs when a party breaks the contract in a way that deprives the innocent party of something vital to the purpose of the contract.
On the other hand, some breaches are not “material” in that the violation is of a term not vital to the primary purpose of the contract. The innocent party’s legal options are different depending on whether or not the breach is material.
LaGarde Law Firm represents individuals and businesses in lawsuits, mediations, and arbitration proceedings in Texas, Florida, and Louisiana. Many of our clients have relied on our contingent fee arrangement to afford the costs of litigation. If you need to enforce your rights through a lawsuit, mediation, or arbitration and have suffered a substantial loss, call us for a free consultation, Call today, toll free, at 1-866-LAGARDE ( (866) 524-2733), or if you prefer, fill out the form on our CONTACT US page.
Disclaimer: Each case is unique, and the law varies from state-to-state. The information in this article is for educational purposes only. This article is not meant to provide individualized legal advice for your specific case.