A contract is an agreement between two or more parties that is legally enforceable. In Baton Rouge, Louisiana, parties enter into different types of contracts for various reasons. However, regardless of the type of contract entered into, all contracts create obligations between the parties to the agreement. If either party fails to fulfill his or her obligation under the agreement, that party has breached the contract.
Sunwize Technologies, a solar panel manufacturer, has brought a lawsuit against Solartek Energy of Louisiana for breach of contract. Sunwize Technologies alleges that Solartek Energy, a solar panel installation company, has failed to pay Sunwize for merchandise it received. In its complaint, Sunwiz Technologies maintains that Solartek Energy owes its company over $15,000 in goods Solartek Energy received.
Violation of contract terms can result in substantial financial injury to the breaching party. If a party to a contract fails to fulfill his or her obligations under the agreement, the non-breaching party may be able to bring a lawsuit against the breaching party. The non-breaching party may seek to have the contract enforced or recover damages for any financial harm it sustained as a result of the breach.
A contract creates certain obligations between parties to the agreement. If a party fails to fulfill his or her obligations, that party has breached the contract. In a case like the contract dispute, if the court finds that a buyer breached its contract with a manufacturer by failing to pay for goods it received, the manufacturer may be entitled to recover the amount.
Source: The Louisiana Record, "Solar panel installation company sued by manufacturer on breach of contract claims," Kyle Barnett, Feb. 1, 2013