breach of contract


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breach of contract

n. failing to perform any term of a contract, written or oral, without a legitimate legal excuse. This may include not completing a job, not paying in full or on time, failure to deliver all the goods, substituting inferior or significantly different goods, not providing a bond when required, being late without excuse, or any act which shows the party will not complete the work ("anticipatory breach.") Breach of contract is one of the most common causes of law suits for damages and/or court-ordered "specific performance" of the contract. (See: breach, anticipatory breach, specific performance)

breach of contract

in the law of contract a breach of contract occurs when at least one party does not perform his obligations under the contract. A statement or a clear intention that there will be no performance is often known as repudiation. Breach results in an award of damages or specific performance (in England) or specific implement (in Scotland). See also ANTICIPATORY BREACH, REMOTENESS OF DAMAGE.
References in periodicals archive ?
Subsequent developments saw Citigroup Inc suing Tormar Associates for breach of contract in managing funds.
Darcy Swanson: Plaintiff alleges breach of contract.
The insurer can certainly raise the issue of coverage for a breach of contract under a general liability policy, but unless the insurer can point to policy language or case law to support its position, the issue is still going to come down to the fact that the insured's work damaged another's property.
An `anticipatory' breach of contract occurs where one party informs the other, in advance of the performance date, that they will not perform their contractual obligations.
A breach of contract is failure to perform, without legal excuse, any obligation under a contract.
She is also involved in other aspects of business litigation, including breach of contract, unfair competition, trade secrets, fraud and general tort litigation.
Alloway II, PNC Bank, Occupants of 80 Greenvale Drive, Springfield: Plaintiff alleges breach of contract.
If Staples Center suddenly became the Office Depot Staples Center there would be no question to the breach of contract.
These disputes can get a lot more complicated when the contractor feels that the client is in breach of contract.
At the time of trial, the suit consisted of the following charges: wrongful discharge in violation of public policy, breach of contract for firing McKay without just cause, violations of the Racketeer Influenced and Corrupt Organizations Act (RICO) and punitive damages.
In late 2003, the Court of Federal Claims found the federal government was liable to the Bank for breach of contract.
and Leonarda Halcott aka Marianne Halcott: Plaintiff alleges breach of contract.