Contracts are the lifeblood of business transactions and operations. Properly executed, a business contract protects your company, assets, and investments and ensures all partners and investors fulfill their fiduciary responsibilities. When one signing party fails to fulfill their responsibilities, that’s considered a breach of contract. If you suffered damages due to the contract breach, then you have the right to file a civil action to recover them. Our Coquitlam, BC, contract dispute lawyer can help you recover what you’re owed. Contact HS Law Corporation, HS Law to learn more about your options.
Contract Dispute Lawyer Coquitlam, BC
Most British Columbia business owners make agreements in some form or fashion each day, in writing through email and messaging or verbally. Vendor agreements, commercial leases, contractor agreements, lending and financing agreements; general security agreements, and non-compete and non-disclosure agreements that your staff and C-suite executives operate under, and even your debt collection and accounts receivables — contracts are a part of doing business. A well-written contract clearly details the responsibilities of each signatory and states the terms of the transaction (i.e., goods for money). Good contracts also contain remedies for a breach, such as restitution, business losses, and legal costs. Many contracts are not as formal and are generally understood by the parties, evidenced by emails and messages or witnesses.
Contracts can be written or verbal as long as the parties understand the terms in a “meeting of the minds”. Failure of one party to fulfill the terms of the agreement is a breach of contract. Disputes over conducting or completing the contract can cost your business a lot of money. Our Coquitlam contract dispute lawyer can help you secure fair compensation for the damages your business suffered as a result of the breach and claim specific performance or restitution especially for material breaches.
We seek to resolve your contract dispute in an efficient, cost-effective manner. However, we acknowledge that some matters are best resolved in court. Our litigation team represents you in courts across British Columbia, as well as in mediation and arbitration. This includes purchase or sale disputes, commercial lease disputes (we represent both tenants and commercial landlords in these matters), misuse of intellectual property, including copyrights and licenses, sub-contractors, share or asset purchase agreements, and violations of non-compete and non-disclosure agreements. We can also draft strong contracts for your business and review all contracts with you and ready for signature.
Experience Matters When Resolving Contract Disputes
Many breach-of-contract issues can be resolved through negotiations; as trained negotiators, our lawyers can take the lead in negotiating a fair resolution. This becomes even more important when the contract is poorly written, vague, or contains loopholes the other signatory attempts to exploit. We quickly shut down these tactics and approach the situation with professionalism and resolve.
- Member of The Law Society of British Columbia
- Professional negotiators committed to your interests
- Understanding your industry allows us to properly apply case law to your situation
- Firm founder Hogan Song has owned, invested, and operated various small, medium, and large enterprises in a variety of industries, giving him first-hand insight into the challenges business owners like you face
- Active member of the Government Relations and Economic Development Committee of the Tri-Cities Chamber of Commerce
You’ve worked hard to operate your business ethically, adhering to your contractual agreements. Our lawyers can help protect your business interests in a breach of contract action. Contact HS Law Corporation, HS Law today for a consultation.
