What Are Some Typical Remedies for a Breach of Contract?
July 10, 2018The most common remedy for breach of contract is a monetary damages award, which is compensation paid by the party who caused the breach. Compensatory damages are meant to pay the injured party for his or her direct monetary losses caused by the breach of contract. The goal is to make the party whole. These [&helli…
DetailsWhat is Intentional Interference with Contractual Relations?
July 5, 2018When you enter into a contract, you acknowledge that you have certain rights and responsibilities. And you know that there are consequences if you or the other party fails to live up to those contractual duties. But what happens when a third party interferes with that contractual relationship? What if this interfer…
DetailsWhat is the Difference Between Voluntary and Involuntary Dissolutions of a Corporation?
June 18, 2018Corporations can dissolve by the voluntary agreement of the shareholders or by the involuntary actions of a court. Corporate dissolution may be necessary due to internal conflicts that make it impossible for the corporation to continue doing business, or due to the stark financial reality of insurmountable monetary…
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