Virtual General Counsel LLC
Helping Startups And Complex Business Clients Throughout Centennial, Denver And The Surrounding Areas
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Denver Business & Commercial Law Blog

Contracts: a look at breaches and remedies

Recently, a cooler company in Boulder partnered with a logistics firm in Louisville to facilitate and oversee their product manufacturing in China. However, the partner failed to provide the manufacturing services they promised. The cooler company then sued and allegedly received some $32,000 in compensation.

The above example illustrates two concepts known in the legal community as “breach of contract” and “remedy”. Today we’ll examine the meaning and implications of these terms.


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