Contracts are the foundation of most business and personal agreements. When one party fails to uphold their end of the bargain, it can cause financial and legal hardship. If you’re dealing with a breach of contract in New York, the experienced attorneys at Held & Hines LLP are here to evaluate your case and aggressively pursue the remedy or compensation you deserve. Time is of the essence when it comes to contract disputes, early legal intervention can be the key to resolving your issue favorably.
A breach of contract occurs when one party to a legally binding agreement fails to perform their obligations under the terms of the contract. In New York, to succeed in a breach of contract claim, the plaintiff must prove four essential elements:
Breach of contract claims can arise from a wide range of agreements, including commercial leases, employment contracts, sales contracts, service agreements, and partnership deals.
Not all breaches are the same. Courts in New York recognize several types of breaches:
A significant failure that defeats the purpose of the agreement. This often justifies the non-breaching party's right to terminate the contract and sue for damages.
A less serious violation that allows for damages but may not allow for full termination of the contract.
When one party makes it clear—either through words or actions—that they do not intend to fulfill their contractual obligations in the future.
When the agreed-upon performance is not delivered by the deadline or is delivered improperly.
Our attorneys at Held & Hines LLP can help determine the nature and severity of the breach and advise you on the best legal strategy moving forward.
Contract disputes can arise in nearly any industry. Some common examples of breach of contract cases in New York include:
We work with clients in a variety of sectors to resolve disputes quickly and effectively, both in and out of court.
New York contract law provides several remedies for victims of a breach:
Financial compensation for the losses caused by the breach, including loss of income, additional expenses, or lost business opportunities.
These cover foreseeable damages resulting from the breach, such as lost profits.
A court order requiring the breaching party to perform their contractual duty, typically used when monetary damages are insufficient.
Cancellation of the contract, with both parties released from further obligations.
Repayment for any benefit already given under the contract, ensuring the non-breaching party is not unfairly disadvantaged.
At Held & Hines LLP, we fight for the remedy that best protects your rights and interests.
In New York, the statute of limitations for filing a breach of contract claim is six years from the date the breach occurred. Failing to file within this timeframe may result in losing your legal right to pursue compensation. If your contract was verbal and not in writing, different time limits may apply. Speak with an attorney as soon as possible to protect your claim.
Whether you’re an individual, a small business, or a corporate entity, the legal team at Held & Hines LLP is ready to help you resolve your breach of contract matter. We bring a strategic and aggressive approach to protecting your interests. With offices in Manhattan and Brooklyn, we serve clients throughout New York City and beyond.
If you believe a contract has been breached, don’t wait. Contact Held & Hines LLP for a free consultation. Our experienced contract attorneys are here to review your agreement, assess your damages, and fight for the compensation or performance you deserve under New York law.
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