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.
Simeone & Miller, LLP has a long history of success as a firm dedicated
to protecting the rights of the injured. Our highly-rated Washington,
D.C. team of trusted personal injury lawyers have helped thousands of
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View the full article here:
How to Break a Contract Without Paying Dearly.