Attorney Thomas Simeone Featured in Recent U.S. News & World Report Article

Thomas Simeone, trial attorney and managing partner at Simeone & Miller, LLP was recently quoted in an article featured on U.S. News & World regarding contract disputes. If one cannot get out of a contract through negotiation and, instead, decides to break it, Simeone said the focus should be on minimizing the damages the company may suffer to avoid being liable for more money if the case goes to court.

“For example, if you are going to breach a lease, if you give notice ahead of time and leave the premises clean and ready to rent, then a court will find that a landlord can and should relet it out within a few months and not award damages for additional months, even if your lease is for several more months,” according to Simeone.

Simeone went on to state that courts tend to require plaintiffs to mitigate their damages, which is why it is so beneficial for the other party to try to reduce their liability in such cases. However, Simeone explained that it is also possible to break a contract without negative repercussions if there is not much money left to pay.

“Few people file suit to collect a hundred dollars,” Simeone said.

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To view the full article, click here.

Categories: Firm News