Miami Commercial Litigation Attorney Explains How the Law Handles a Broken Agreement
When a contract is broken, usually the remedies are fairly simple to determine. In this video, commercial litigation attorney Patrick Montoya explains how lawyers handle breach of contract cases, whether they involve insurance companies, business, employment agreements and other types of contractual obligations.
Each breach of contract case requires individual examination to determine whether a contract is actually broken and to resolve disputes. Damages available for breach of contract cases include compensatory damages for economic losses, punitive damages for the act of breaking a contract as well as other damages that the contract might lay out.
In a breach of contract case, the remedies that are available are what you were promised versus what you received. In other words, if I paid a dollar for a product and I got 90 cents worth of a product, I’m due another 10 cents. It’s really that simple. Well, obviously commercial cases are much more complex than that, but that’s the basic concept. One of the things we do and what our job as commercial lawyers and commercial litigation lawyers is to simplify the case for a jury. We are trial lawyers. We like to try cases. We will be ready to bring your case to trial. One of the things we have to do in front of a jury is simplify complex matters and make them easy. Many times, breach of contract cases come down to one simple thing – a broken promise. When that promise is broken, then compensatory damages that we just talked about are due. Oftentimes the compensatory damages will include interest, attorney’s fees and cost depending on the contract that you have. Contact our lawyers at (305) 476-7400 or contact our website at Colson.com for more information.