Strictly speaking, contracts are voluntary, legally binding agreements between two or more parties that are enforceable in a court of law. Contracts can be written or spoken. The affiliation between parties is called a contractual relationship, and must contain a few factual elements:
Acceptance of that offer
A promise to perform
A valuable consideration (promise or payment)
A time or event when performance must be made (a deadline)
Terms and conditions for performance
Contracts are an everyday part of doing business. In fact, they are the very foundation of nearly all business transactions. As a result, contracts are a significant area of business and commercial litigation.
The commercial litigation lawyers at Burg Simpson pride themselves on providing the most comprehensive legal representation when contract disputes arise for national and international corporations, regional and local businesses, and individuals. We can handle routine contract disputes, as well as the most complex contract issues.
Please call Burg Simpson immediately at (866) 649-8734 if you are involved in a dispute concerning any contract or agreement, including:
- Vendor contracts
- Manufacturer contracts
- Supply contracts
- Intellectual property licenses
- Employment contracts
- Non-compete agreements
- Real estate contracts
- Buy-sell agreements
Types of Contracts
There are many different types of contracts, and some of the most common are:
- Bilateral: A bilateral contract features two parties who each promise to perform certain things.
- Unilateral: This is a contract in which one party demands performance from the other, instead of a promise.
- Express: This type of contract explicitly states the elements and terms.
- Implied: These contracts are created by each party’s actions and are not clearly specified.
- Voidable: A voidable contract includes the option for either party to terminate it.
- Simple: A simple contract needs nothing more than the agreement between the two parties; no witnesses, no signatures, and no seals are required.
- Formal: The opposite of a simple contract, this agreement requires a written, signed, witnessed, and sealed document.
If you are stuck in a commercial dispute due to a breach of contract, call (866) 649-8734 to discuss your case with Burg Simpson’s corporate litigation attorneys.
How Do I Handle a Breach of Contract?
A breach of contract occurs when any party fails to perform any term of the contract without a legitimate, legal excuse. Breach of contract is one of the most frequent reasons for lawsuits and damages. Typically, these disputes can be resolved if the parties can agree on a contract modification.
Typically, the statute of limitations on contract breach allegations can vary from state to state, contract to contract, and they almost always include exceptions and/or inclusions. Contact the national commercial litigation lawyers at Burg Simpson to gain a better understanding of the circumstances surrounding your unique case.
Generally, to prove a breach of contract, the injured party must demonstrate:
- That there is a contract
- That the plaintiff performed their contracted duty
- That the defendant failed to perform their duty
- That the failure to perform their duty damaged the plaintiff
We will provide you with the experience and expertise necessary to help evaluate and resolve any contract disputes you have encountered in a cost-effective manner, whether it is through a negotiated settlement or litigation. Call a Burg Simpson corporate litigation attorney today at (866) 649-8734.
Let the Commercial Litigation Lawyers at Burg Simpson Help
If you need strong, experienced courtroom advocacy in any business or commercial matter, we are here to assist. Burg Simpson’s business litigation lawyers have the resources and experience to fight for your rights and protect your business. We are here to help with any contract dispute you may be having. Call us right away at (866) 649-8734 or fill out our FREE case evaluation form.