Contracts are an essential part of Texas business life; creating new ones, honoring existing ones and making modifications. Some contracts include penalties for breach of contract. When someone does not fulfill the promises they made in a contract, it is a breach of contract. A plaintiff has legal options regarding actions to enforce, alter, or end that contract. A defendant may offer various defense claims that relate to an alleged breach of contract. Our Harris Cook, LLP, Business Litigation Attorneys, can help you create satisfactory resolutions for the various legal issues you have that involve Texas contract laws.
Harris Cook, LLP, Business Formation Attorney
With any type of business, it is good to consult with the Harris Cook, LLP, Business Formation and Business Litigation Attorneys at all stages of operation. Start-ups need to create valid contracts to avoid future legal problems. Existing businesses usually will have an increasing amount of contract issues that are critically important to success. These include contracts with employees, vendors, other businesses and suppliers.
When contacts are not properly fulfilled, there can be financial damages and other legal issues to resolve. By keeping your business contracts under control, you reduce potential litigation and other legal problems that could harm your entire operation. Our Business Formation Attorneys can review your existing contracts and help you create new ones that are legal, valid and that work for your benefit.
Texas Contract Laws
Our Business Contract Attorneys at Harris Cook, LLP, have extensive knowledge of and experience with Texas Contract Laws. Just as each contract is unique, every fulfillment issue is different. Contracts must be valid to begin with and contain specific references to exactly what actions, products or services are included. Contracts must include an offer, acceptance of that offer and a value consideration made for that contract to be valid. If you omit any element, it may not withstand a challenge later on.
Breach of Contract
When someone believes a contract has not been properly fulfilled, they can ask for compensation under Texas Breach of Contract laws. A breach simply means that the plaintiff alleges that the defendant failed to properly perform or fulfill the terms of a valid contract. To win your case, it must be shown that this breach caused material damage. A defense against breach of contract might include claims that the plaintiff did indeed benefit materially, or that the contract was not valid in the first place.
Penalties for Breach of Contract may include a court order for fulfillment according to contract terms, monetary compensation or reimbursement to the plaintiff for time losses and expenses, and future losses that could be attributed to the breach.
Our Harris Cook, LLP, Business Litigation attorneys can help you if your business has been sued for breach of contract, as well as helping you try to recover if another business has breached a contract and caused your business damages.
Harris Cook, LLP - Arlington, Mansfield & Flower Mound, TX
If you have questions about contracts or fulfillment issues, contact the Harris Cook, LLP, offices in Arlington, TX, Mansfield or Flower Mound. Call us now, at 817-789-6842.