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Breach of Contract Lawyers in Colorado

Businesses enter into agreements through contracts for mutual benefits. But if one party fails to fulfill the responsibilities allotted to them in the contract or interprets the clauses for their own benefit, it results in a contract dispute. Such disputes can result in monetary loss and damage the reputation of your business if not taken care of swiftly.

Fortis Law Partners have over 10 years of experience in handling breach of contract and litigation. Our contract lawyers have successfully defended heaps of clients that found themselves accused of a contract breach and they have also satisfied the clients that were seeking to sue the other party for a breach of contract. They frequently deal with contractual disputes involving intellectual property issues, profit distribution issues, trade secrets matters, employment agreements, and asset acquisition among many other issues

EXPERIENCE

Fortis contract lawyers are familiar with Colorado contract laws and we keep ourselves updated with all the new practices introduced in contract drafting and implementation. Our lawyers usually work to resolve:

  • Operating agreement disputes
  • M&A disputes
  • Financial Services Litigation
  • Construction contract disputes
  • Business lease disputes
  • Employee contractual disputes
  • Independent contractor disputes
  • Insurance Contract Disputes
  • Creditor and Debtor Disputes

Contract Laws in Colorado

Contract law in Colorado is intended to ensure that parties can rely on agreements made between them. Each contract must contain an offer from one party, an acceptance from the other, and some form of consideration, or payment of value by both involved for entering into the agreement.

Contracts are also subject to a statute of limitations which is designed to provide protection for individuals by preventing unfair legal actions from being brought against them. In Colorado, after the time period set out in the statute expires, neither party will be able to enforce their rights under any contractual agreement that was made prior to this time period. As such, it is always important for both parties to understand the expiration dates related to the contracts they enter into.

Common Types of Contract Disputes We Handle

Contract disputes can arise in a variety of ways. Common types of such disputes include breach of contract, misrepresentation, duress, and misunderstanding or misinterpretation of the agreement. Contract attorneys at Fortis Law Partners handle all types of contractual disputes.

Breach of contract

A breach of contract occurs when one party (breaching party) does not fulfill its contractual obligations under a contractual agreement. Examples of this include failing to pay for goods or services, delivering late on promises, or breaking the terms of the agreement in some other way.

Misrepresentation

Misrepresentation occurs when one party misleads or provides false information to another party during negotiations. Examples of misrepresentation include hiding material facts, overstating capabilities, or providing incorrect financial statements.

Duress

Duress is when one party uses force, threat, or coercion to get another person to enter into an agreement against their will. Examples of duress include physical violence, economic pressure such as a lien, or threats of criminal prosecution.

Types of Contracts Considered For Legal Actions

Most of the contract disputes revolve around written formal contracts but there are forms of contractual agreement other than standard “written” contracts which might also be considered in court for legal remedies.

Written Contract:

Breach of contract or contract lawsuits often involve formal “written” contracts where a contract contains an offer from one party, an acceptance from the other, and some form of consideration, or payment of value by both involved for entering into the agreement. The provisions, obligations, and rights of all the parties involved are penned in the contract. The parties entering the contract, sign the written contract and then keep copies of the contract as good practice.

Breach of Contract Litigation for Written Contracts

Electronic Contractual Agreements:

Courts can choose to treat emails and text messages exchanged between parties as signed paper contracts under the Colorado Uniform Electronic Transactions Act. If the message and emails check out all the key requirements of a contract, the court can treat them as a contract. Our breach of contract lawyers understand the subtlety of a contract forged by emails and text messages and can make a substantial breach of contract claim on the basis of such a contract.

Oral Contractual Agreements:

There are also oral and unwritten contracts that can be used in court to file a contract lawsuit against the other party.  Although these contracts can be trickier, a contract lawyer can still make necessary efforts to close the case in your favor even if your claim is based on an oral contract.

Purchase Orders:

The contract attorneys can make a case for you under the Unifrom Commercial Code(UCC). The UCC gives power to the court to enforce shipping purchase orders as a valid contract, even if there was not any actual contract in place.

Off-Contract Claims for Breach:

Last but not least, you can claim damages even without a legally binding contract in place if services or goods were provided by you but you were not paid in return. Such claims rely on quantum meruit, unjust enrichment, etc.

Resolving Contract Disputes in Colorado:

Contract disputes can be resolved in various ways. The parties involved in the dispute can choose from a variety of methods, including mediation, arbitration, and litigation. Each legal remedy has its own advantages and disadvantages, so it is important to consider which method is best for the particular dispute at hand.

Litigation involves the process of a dispute being settled in court. The parties involved submit their evidence to a judge who then makes a decision on the dispute. Contract litigation is often seen as the last resort for resolving lawsuits involving breaches. Mediation is often used as an alternative to contract litigation disputes because it is less expensive and private; however, it does not come with any guarantee of success.

Conclusion:

Contract disputes or breaches of contracts can be difficult to resolve without legal help. Mediation, litigation and arbitration are three common methods of dispute resolution, however, each has its advantages and disadvantages. Parties should always seek legal advice before beginning the process, as navigating contract claims without a lawyer can be time-consuming and expensive. For more information on contract disputes in Colorado, interested parties should consult a contract attorney.

FAQs

Contract disputes can arise when one or both parties to an agreement fail to fulfill their obligations in accordance with the contract. Contract lawsuits are common and understanding Colorado’s contract dispute laws is important for businesses, individuals, and other entities.

A contract dispute can be resolved in various ways. The parties involved in the dispute can choose from a variety of methods, including mediation, arbitration, and litigation.

Always seek legal advice from contract lawyers before beginning the process, as navigating contract claims without a lawyer can be time-consuming and expensive and may result in unfavorable results.

A breach of contract occurs when one party (breaching party) does not fulfill its contractual obligations under a contractual agreement.

Disclaimer:

The information provided on this page is for general informational purposes only and may not be up to date. It is not intended to be taken as legal advice or to create an attorney-client relationship. The content may contain errors or omissions, and we make no guarantees regarding its accuracy or completeness.

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