Because contracts can be specialized based on the business relationship they govern, contract disputes can also vary. Because of the different types of contract disputes that can arise, it is important to understand the legal options available if a contract has been breached. A homeowner in Louisiana is facing a breach of contract lawsuit brought by a home elevation company.
The integrity of the contract process is essential to commerce which is why it is important to understand how to effectively respond when faced with a breach of contract. A contract dispute in Louisiana related to the sale of a nail salon has led to a lawsuit. The former owner of the nail salon is suing the current owner for $70,000 related to the alleged breach of the purchase contract. According to the former owner, she entered into a contract with the current owner to sell her nail business. The terms of the purchase contract allegedly provided for the current owner to pay the former owner an initial payment of $30,000 followed by second payment of $70,000 within one month of the initial payment.
Commercial real estate and development transactions can present many different challenges and have many different aspects to them. Sometimes these complexities can lead to disputes, such as contract disputes. When there has been a breach of contract by one of the parties, it is important to timely address and respond to the situation. In addition, sometimes contract breach situations can be resolved through negotiation, however, on other occasions, intervention through the court may be necessary to resolve the dispute so that parties can move forward with their business.
Contract relationships are important to many businesses and individuals which is why a basic understanding of contract disputes can be helpful to contracting parties. A Louisiana man is being sued by a lumber wholesaler that claims the man owes it over nine thousand dollars for unpaid lumber. The lumber wholesale company filed a lawsuit against the man for thousands of dollars in unpaid lumber costs. The man allegedly owes the company after accepting the lumber in four different loads he picked up over two days. The company claims it ordered the lumber, which was shipped to a warehouse where the man picked it up. The company alleges that the man then failed to pay for the lumber after he picked it up and is accusing the man of breach of contract as a result. The company is seeking the $9,020 in damages it claims it is owed.
When most individuals enter into a contract, they expect the terms of the contract to be honored. If they are not, the legal system offers protections. A Covington, Louisiana couple recently brought a breach of contract lawsuit against a home repair company. The couple hired the construction company to perform work on two properties they own. They allege the construction company held itself out as "knowledgeable" and "qualified" and represented it would do the repairs in a "workmanlike" way. According to the couple, the construction company also represented that it was a licensed mold remediation specialist. The couple claim, however, that the company is not licensed even as a contractor in Louisiana.
When an individual has been the victim of a breach of contract, legal remedies may be available. Two lessees recently filed a lawsuit in Louisiana for breach of a lease to purchase home contract. The couple is suing the former owners of the home, claiming that the contract was changed over a year after the agreement was entered into. The lessees assert that they paid a $10,000 down payment on the home and made $65,000 in improvements to the home, as well as paid monthly rent for the property.
A Louisiana realtor is being sued for breach of contract because she allegedly backed out of an agreed upon sale of a piece of property the realtor owned. The man suing the realtor alleges he made an offer on the property the realtor both owned and listed. After a counteroffer was made by the realtor, a contract was allegedly executed for the sale.
While few businesses want contract litigation, sometimes circumstances related to a contract dispute require a party to enforce its contractual rights. A construction contract has led to a contract dispute in Louisiana. A construction company claims that a contract it entered into with a man for a home renovation was wrongfully canceled.
Contract disputes can be both manageable and avoidable. A breach of contract lawsuit was filed in Louisiana last month by a subcontractor alleging a breach of contract. As part of an offshore living quarters construction project, the contractor used a fire sprinkler installation company as a subcontractor for the project. According to the contract between the parties, the subcontractor was to provide installation labor and materials for the installation of a fire sprinkler system. The subcontractor alleges that as part of the agreement between the parties, it was to receive monetary incentives for completing the project ahead of schedule.
When a contractual relationship has resulted in a contract dispute and a breach of contract claim must be made, it is important to understand the process of bringing a claim.