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A breach of contract may be bad news for a business

| Feb 2, 2018 | Commercial Disputes |

Whereas it was not uncommon for businesses to exist as autonomous entities in the past, in this ever-growing technologically advanced world, businesses often work with others to accomplish their corporate objectives. That can mean contracting with suppliers to ensure that their product orders are fulfilled, engaging the services of employment agencies to find the best and brightest new talent to hire or using partnerships to get their businesses into new markets. Businesses work with individuals and other corporate entities with regularity and, when those relationships are forged, it is usually through the execution of contracts.

A New York business may be bound to dozens of contracts at any given time, ranging from agreements between the entity and its employees to contracts that license the use of software and other necessary infrastructure materials to the business. A contract creates a legal connection between the signatories to it and generally requires the parties to meet certain performance expectations and to follow established rules.

When a party to a contract fails to perform as agreed to in the terms of their negotiation, the other party to the agreement may suffer harm. The breaching party’s actions can result in countless forms of damage to the others who relied on the breaching party to follow through on their contractual obligations.

The law firm of Mitchell, Pollack & Associates is committed to supporting businesses and corporate entities with securing compensation after they have been harmed by contractual breaches. The dedicated staff of the firm recognizes how devastating a contractual breach can be to a business and works hard to protect the rights of the individuals and entities it represents. The firm is available to support corporate clients suffering from contractual breaches and other commercial disputes.