Breach of Contract Mediation
Contract breaches are extremely common. They occur between business partnerships, employers and employees, and commercial enterprises, resulting in much confusion and chaos. This results in contractual disputes between the two parties, causing several complications.
When one party decides to go against the terms listed in their contract or refuses to uphold them, it’s considered a breach of contract. This can be addressed through breach of contract mediation.
The Types of Contract Breaches
There are three main types of contract breaches:
- Partial Breach: This is when a party deviates from the contract without completely breaching the terms.
- Actual Breach: This is when a party deviates from the contract in a substantial manner.
- Anticipatory Breach: This is when one party informs the other that they’ll no longer be upholding their end of the contract, causing the other party to suffer material damages.
Why Opt For Breach of Contract Meditation?
Suing a business partner or filing a lawsuit against an individual is not only a time-consuming ordeal, but also an expensive affair. The procedure is long and complicated, and it can take months to reach an outcome. The litigation process and court procedures add stress to all parties involved, and are rarely quick and simple solutions.
On the contrary, mediation is an effective and efficient solution for resolving contractual disputes. Under the guidance of a professional mediator, both parties can come together to discuss the prevailing issues and arrive at a mutually beneficial solution. Mediation is a quick and fairly straightforward process that saves those involved from court visits and legal procedures. It can be used to resolve all kinds of contract breaches, be it construction disputes, sales or manufacturing disagreements, or equity claims.
The mediator is an impartial observer during the process who listens to both sides of the argument and encourages the two parties to work collectively towards an agreement. This creates room for open and honest conversation that’s kept confidential, and helps settle contractual disputes without having to involve attorneys and litigators.
Our professional mediator at Minute Mediation Ltd. can help you with your disputes related to contract breaches. For more queries about our services, get in touch today!