Breach of Contract in Laredo - Top South Texas Business Attorneys at Carabin Shaw

With Texas’s bustling economy in sectors like construction, manufacturing, real estate, and logistics, many Texans find themselves entering into legal contracts. When those contracts are broken, victims are often left to their own devices to rectify the breach. Thankfully, the Laredo business lawyers at Carabin Shaw possess the skills and experience necessary to secure justice for victims.

When a breach of contract occurs, the consequences can be significant, ranging from financial losses and operational disruptions to damaged business relationships and potential litigation. Contact the experienced attorneys at Carabin Shaw 24/7 at 800-862-1260 to schedule your initial consultation today and discuss the legal options available to you.

For a contract to be breached, a valid and enforceable contract must first be in place. In Laredo, Texas, the following five elements are required:

• An offer - One party must make an offer with clear and definite terms.
• An acceptance - A second party must agree to the terms of the offer.
• Mutual consideration - The contract must impose obligations on both parties.
• A meeting of the minds - Both parties must “mutually assent” to terms.
• Legal parties and purpose - All parties must have the legal capacity to enter into a contract, and the subject of the agreement must be legal.

When one party fails to fulfill its obligations under a legal contract, this is considered a breach. In such circumstances, victims of a breach of contract must resort to legal action to recover what they are owed. The value of a South Texas business attorney in resolving contract disputes cannot be overstated in such cases. An experienced lawyer will increase your odds of winning your case, and they will likely help secure you a larger amount of money as well.

Laredo TX contract disputes can arise in any situation in which multiple parties have agreed upon a contract. While there is a broad array of reasons a contract may be breached, the most common are:

• Failure to pay
• Substandard or incomplete work
• Missed deadlines
• Failure to deliver goods or services
• Violation of a non-compete agreement
• Fraud
• Early termination without cause

For victims of breach of contract in Laredo TX, formal legal action will be necessary in order to receive restitution, but that restitution could come in a variety of forms. It is important to note that Texas enforces a four-year statute of limitations on breach of contract claims.

One method of resolving a breach of contract is by suing for damages, such as:

• Payment of contractually agreed compensation
• Reimbursement of financial losses related to the breach
• Reimbursement of legal expenses
• Loss of business opportunities
• Loss of reputation
• Punitive damages

Some contracts contain “liquidated damages clauses”, in which a previously specified amount must be paid in the event of a breach.

In other cases, victims may seek “specific performance” as a form of restitution. In these cases, the breaching party will be required to fulfill their contracted duties. This can be ideal in cases where a particularly unique item or service was involved in the contract.

At Carabin Shaw, our team of skilled Texas business lawyers knows precisely what it takes to win breach of contract lawsuits for victims like you. Review our client testimonials for evidence of our extensive history of success. Getting started is risk-free. Simply call our toll-free number at 800-862-1260, where our English- and Spanish-speaking staff are available 24/7 to arrange a complimentary consultation.

We understand that a contract dispute can be severely damaging to the personal finances of victims. That is why, at Carabin Shaw, we offer our services on a contingency-fee-basis. That means that we will not collect payment until we have won your case.

For more information:

• UTSA
• Texas Statutes 16