Breach of Contract in Texas
Contracts are the foundation of every professional business relationship, stating each party’s responsibilities and rights upon signing. When one party does not fulfill their contractual obligations of an agreement, the other party is susceptible to legal and financial ramifications. If stated in the contract itself, plaintiffs can recover attorney fees in breach of contract cases as well.
Under Texas law, you may be entitled to the following recoveries:
- Liquidated damages – money owed to the injured party
- Consequential and incidental damages – compensation toward foreseeable loses
- Compensatory damages – compensation your losses
- Specific performance – when a court orders a performance to be fulfilled in the contract agreement
- Loss of use – money awarded for the time to repair damages
- Loss of credit reputation – compensation made available if plaintiff suffers loss of credit or was forced in bankruptcy
- Rescission – money is returned and both parties cancel their contracts and exonerate themselves from performance
- Restitution – gains-based recovery, an exchange for money or goods
Yet, employer breach of contract or fraudulent acts will not necessarily revoke your employment contract. Certain promises and covenants may be separate and independently hold their own weight despite other contractual discrepancies. You must be aware of the non-compete clause, non-solicitation, non-disclosure, and other factors of the contractual terms and conditions which remain applicable even though a breach of contract is evident.
If you are experiencing a break of contract with your current employer or employee, or perhaps you’re not sure, do not hesitate to call (281) 410-2792 and consult with our experienced legal team for free.