Deciding Factors in Perusing a Breach of Contract

 

As a business owner you come into contact with various types of contracts. At one point you may be faced with having to forego a breach of contract. You need to be aware of the consequences if you should find yourself in a breach of contract. Consulting with the lawyers at Robinson, Seiler & Anderson Law Firm in Provo, Utah will help you to know what the best option is for you and your business.

 

Business Reputation and Relationships

Before going through with a Breach of Contract you need to consider how it will affect your reputation and business relationships. When people form a contract, they are relying on each other to live up to their promises. If you breach a contract that means that you did not follow through on a promise, even if there was good reason to break the contract. The other party may feel let down and could be in a worse position because of your breach. The other party may even tell others in the business community that you are untrustworthy and you do not live up to your promises.

 

Impact of Time and Money

When you breach a contract you run the risk of being sued. The other party may threaten or go through with a lawsuit to force you to do what the contract states that you will do. A record of the lawsuit may follow you longer than you intended. And, if sued, you could be forced to spend valuable time away from your business to respond to discovery requests, attend depositions and litigate the matter in court.

 

The Loss of a Lawsuit

If you end up losing the lawsuit you will be held accountable to the terms outlined in the contract. A judge may order damages to put the other party in the position that it was in before the contract, and a judge may also order you to pay for damages if the other party took steps relying on you to perform your end of the bargain.

 

Before going through with the breach of contract we highly advise you to speak with your experienced attorneys at Robinson, Seiler & Anderson Law Firm in Provo, Utah. We can walk you through the process and answer any questions you may have.

View Our Testimonials Announcement

Norman H. Jackson, Utah Court of Appeals Judge, Retired, has joined the law firm of Robinson, Seiler & Anderson, LC, effective April 2017.  Judge Jackson was one of the seven founding Judges of the Utah Court of Appeals and served terms as Presiding and Associate Presiding Judge.
 
Judge Jackson was the senior attorney in a Richfield law firm for eighteen years.  The firm engaged in legal, business and tax cases, including practice before State and Federal Courts, U.S. Board of Land Appeals, Utah Public Service Commission and Arizona Corporation Commission.  Clients included counties, cities, banks department stores, communications and credit associations, irrigation companies, auto dealers, building supply stores, farmers, ranchers and small businesses. They took “every type of case that came through the door,” from criminal defense work to a patent royalty dispute for the inventor of the Frisbee. Judge Jackson has been a lifetime rancher doing business in Utah as Jackson Cattle Company and Arizona as EJ Cattle Ranches.
 
Judge Jackson’s professional service includes terms on the Utah State Bar Commission, Bar Foundation (President and Vice President), Air Travel Commission, and Utah Information Technology Commission.  He served on the Judiciary’s Alternate Dispute Resolution Committee for thirteen years and initiated and supervised the Appellate Court Mediation Office.  He developed and advanced a realistic and workable framework for both of Utah’s Appellate Courts to use in reviewing trial court and administrative agency decisions.  He published three editions of Utah Standards of Appellate Review while participating in more than 2,000 appellate court decisions.  
 
Judge Jackson’s experience will complement the other outstanding lawyers at Robinson, Seiler & Anderson, LC.  The firm will continue its representation of injured individuals, as well as clients in real estate, business, estate planning, tax, contract and education matters.
 

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