A contract is a legally binding agreement between two or more parties, setting out their
obligations and expectations towards each other. When one of the parties fails to fulfill its
obligations under the contract, this is referred to as a breach of contract. In Arkansas, there are a
number of legal remedies available to those who have suffered a breach of contract, and it is
important to understand your rights and options if you find yourself in this situation.
Common Types of Contract Breaches
Breaches of contract can take many forms, including failure to perform, misrepresentation, and
non-payment. Some common examples of contract breaches include:
• Failure to deliver goods or services as agreed in the contract
• Failure to make timely payments as agreed in the contract
• Delivering goods or services of a lower quality than promised in the contract
• Misrepresenting the terms of the contract
• Failing to fulfill a material term of the contract
Remedies for Breaches of Contract
In Arkansas, the most common remedy for a breach of contract is monetary damages. This
means that the non-breaching party can seek to recover the difference between the value of
what was promised in the contract and what was actually received. In some cases, the nonbreaching
party may also be able to recover any additional expenses incurred as a result of the
breach.
In some cases, a breach of contract may be so severe that monetary damages are not adequate
to compensate the non-breaching party. In these cases, the non-breaching party may be able to
seek specific performance, which requires the breaching party to fulfill its obligations under the
contract.
Litigation in Arkansas
If you have suffered a breach of contract in Arkansas, it is important to understand your rights
and options for seeking legal remedies. This may involve filing a lawsuit in Arkansas state court.
In order to be successful in a breach of contract lawsuit in Arkansas, you will need to prove the
following elements:
• The existence of a valid contract between you and the other party
• Performance of the contract by you
• Breach of the contract by the other party
• Damages suffered by you as a result of the breach
If you have suffered a breach of contract in Arkansas, it is important to seek the advice of an
experienced Arkansas attorney. An attorney can help you understand your rights and options
and represent you in any legal proceedings.
Breaches of contract can have a significant impact on individuals and businesses in Arkansas,
and it is important to understand your rights and options for seeking legal remedies. Whether
you are seeking monetary damages or specific performance, an experienced Arkansas attorney
can help navigate the legal process. Call us at (479) 996-2100 to speak with an attorney for free.