Business Law Attorneys Resolve Complex Disputes

A Rhode Island law firm litigates business disputes

If you engage in commerce, sooner or later you are almost certain to encounter a dispute with a client or contractor that you’ll need outside help to resolve. At SDM Law Group, we assist businesses through alternative dispute resolution and civil court trials in both state and federal court. We regularly manage cases related to:

• Banking and creditor issues
• Business formations
• Breach of contract
• Bankruptcy litigation
• Real estate
• Regulatory Compliance
• Partnership and shareholder disputes

We have the knowledge and experience to resolve your business disputes in a timely, cost-effective manner.

Recovery from breach of contract

When a party to a contract fails to perform, he damages the other business. This damage often goes beyond the immediate inconvenience of getting less than promised by the contract. The breach can also cost you future profits if you are unable to serve your clients as a result. There are a variety of remedies that provide either monetary damages or equitable relief, such as:

• Compensatory damages – Reimbursement for immediate monetary loss
• Consequential and incidental damages – Compensation for additional foreseeable losses caused by the breach
• Attorney fees and costs – Amounts available only if the contract expressly states they are recoverable
• Liquidated damages – Amounts specified in the contract that are payable for particular breaches, such as late or substandard performance
• Specific performance – Court order requiring the breaching party to fulfill the terms of the contract
• Punitive damages – Penalty for a party’s objectionable behavior, meant to punish the breaching party and discourage other parties from acting in a similar manner
• Rescission – Cancellation of the contract, with both sides excused from further performance and payments made under the contract returned
• Reformation – Change in the terms of the contract when the court believes there was an honest misunderstanding by the parties about what was to be performed

Our skilled attorneys can help you achieve the best legal remedy for a breach of contract.

Affordable alternatives to a civil suit

Often, the best litigation strategy is no litigation at all.  The cost of traditional litigation can easily exceed the amount of the contract. Fortunately there are various means of alternative dispute resolution (ADR), including mediation and arbitration, which are less costly and quicker than civil lawsuits, but can deliver the same remedies. Our skilled negotiators have successfully represented clients in arbitration and mediation hearings, and have settled lawsuits prior to trial, saving our clients expenses and getting their businesses back on track.

Contact a SDM Law Group a Providence based law firm for your business’ legal needs.

If your business has been damaged by someone else’s conduct, you need to take action. Delaying the exercise of your rights could mean losing them. Recovering damages could mean the difference between profitability and insolvency for your company. Contact us online or call SDM Law Group at 401-400-5985 to schedule a consultation.