There are numerous different types of disputes that can arise between parties that formed a contract with one another. One such type are payment disputes, such as disputes regarding allegations that one party failed to make payments to the other that it was required to under the contract. When a business believes that a party it formed a contract with has violated the terms of the contract by failing to make certain payments, one action it may be able to take to try to get compensation for the missed payments is to bring a breach of contract lawsuit.
Recently, a breach of contract lawsuit was brought in relation to an alleged payment dispute that has arisen here in New Orleans. The lawsuit was brought by a construction company that is based in New Orleans. The defendant named in the lawsuit is a company that owns a restaurant that is located in New Orleans' Garden District.
The construction company claims that it and the company which owns the restaurant formed a contract in which the construction company agreed to provide construction and design services in relation to a renovation of the restaurant in exchange for payment. According to the construction company, it performed the services it promised in the contract and has requested payment under the contract multiple times, but the company that owns the restaurant has failed to make the payments owed.
In the lawsuit, the construction company argues that the failure of the company that owns the restaurant to make these payments constitutes breach of contract and asks that the company that owns the restaurant be ordered to pay damages in relation to the missed payments.
When a business believes that a breach of contract (such as a failure to pay) has been committed against it, understanding what legal options are available can be quite important. Attorneys can help companies that believe that a contract they are in was breached by the other party review their various legal options.
Source: The Louisiana Record, "Restaurant owners sued for breach of contract," Andrey Burn, April 13, 2015