Contract Disputes

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Contract Disputes

Contract disputes arise where one or more of the party’s involved in a contract fails to meet their contractual obligations. If a contract dispute occurs, it may be necessary to consider bringing a breach of contract claim through the Court. The issue may arise from a breach of an express term of the contract, or an implied term, or perhaps even implied by statute. For example, the Sale of Goods Act 1979 or the Sale of Goods and Supply of Services Act 1980.

What should I do if I have a contract dispute?

Depending upon the nature of the breach, the contract may be inoperable, irreparable, or the relationship between the parties has irretrievably broken down. Before looking to terminate a contract as a result of a potential breach, legal advice ought to be sought. Unlawfully terminating a contract, can pose a risk of a claim being brought against you.

How can a contractual dispute affect my business?

Any dispute, whatever the circumstances pose a risk to the business whether it be the financial stability of the business or simply diverting the concentration of the business away from the commercially pressing issues: – to drive productivity and growth. Either way, the risk should be contained, and a strategy devised that best suits the nature and requirements of the business to limit the potential exposure and risk involved. There are various methods available. At 43Legal we have the expertise and specialism required to work with you in order to navigate through the process and achieve the optimal outcome for your business.