Commercial litigation involves resolving business disputes. These disputes may involve such varied areas of the law as breach of contract, partnership disputes, employee benefits plans or real estate, but they are generally disagreements between two businesses about whether a contract has been properly fulfilled or not. Disputes between businesses can have large sums of money at stake, so it is essential that when you choose an attorney to represent you, you select a commercial litigation lawyer that is both prepared to go to court and fight aggressively on your behalf, but also to negotiate skillfully in order to avoid going to court altogether. The attorneys at Bochetto & Lentz are seasoned commercial litigation lawyers with a long record of success. Call us today to discuss your case.
Most commercial litigation cases revolve around breach of contract. A contract is simply an agreement between two parties in which one party promises to do some service or provide a product and the other party agrees to provide some kind of compensation. When a contract is breached it means that one or the other of the two has failed to fulfill their end of the deal and that a loss of some kind resulted. When a plaintiff files a breach of contract lawsuit, they are seeking some kind of compensation or recovery for their loss. It is the job of a commercial litigation lawyer to either prove breach or to defend against the charge.
In order for a contract to be valid, it does not matter whether it is written, oral, or even implied, though written contracts are certainly the most straightforward to establish as having existed, as well as whether the terms of the contract were breached or not. If a plaintiff’s commercial litigation lawyer is able to establish that a contract existed and that it was breached, the next step is to establish exactly what the resulting damages were in order to determine what the appropriate compensation should be. There are generally four types of damages available for a breach of contract: compensatory, which covers the direct costs and losses of the breach; consequential, which covers damages that are not the direct result of the breach but which could be foreseen; liquidated, which amounts to damages that are specifically cited within the original contract as the penalty for breach; and punitive, which are established as both a punishment for the party that breached the contract and as a warning to others not to do the same in the future.
Whether you are defending against breach of contract charges or are the wronged party filing a claim, when you hire the law firm of Bochetto & Lentz to represent you in your commercial litigation case, you are providing yourself with skilled, knowledgeable legal representation that will work hard on your behalf. Contact us today to set up a convenient time to discuss your case.
Learn more from our Philadelphia Commercial Litigation Lawyer HERE.