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What Are the Remedies for Wrongful or Tortious Interference With Contracts? Compensatory damages; Lost profits; Punitive damages; Lost wages; Expectation damages; and. Restitutionary damages in order to prevent unjust enrichment of the defendant.
As a component of every contract in Canada, a breach of the principle of good faith gives rise to a claim for breach of contract: Bhasin, supra at para. 106. That is to say, if a party acts in bad faith in the performance of the contract, there is no separate or discrete cause of action for which the party can be sued.
A company that has been damaged by tortious interference can claim all the financial losses the business has documented resulting from the economic impact of the attack. This includes loss of existing profits, future contracts, and other economic benefits the plaintiff will no longer realize.
Are you wondering about seeking damages for breach of contract? There are five important types of damages that might be available, depending on your situation: compensatory damages, specific performance, an injunction, liquidated damages, or rescission.
As an example, someone could use blackmail to induce a contractor into breaking a contract; they could threaten a supplier to prevent them from supplying goods or services to another party; or they could obstruct someone's ability to honor a contract with a client by deliberately refusing to deliver necessary goods.
To prove tortious interference under Arkansas law, a plaintiff must prove the following elements: (1) the existence of a valid contractual relationship or a business expectancy; (2) knowledge of the relationship or expectancy on the part of the interfering party; (3) intentional interference inducing or causing a ...
Typically, courts find that a party breaches this rule when they act in ways that obviously undermine the benefits to the other party from the contract or if one party attempts to sabotage another in performing their end of the agreement.
The requisite elements of tortious interference with contract claim are: (1) the existence of a valid and enforceable contract between plaintiff and another; (2) defendant's awareness of the contractual relationship; (3) defendant's intentional and unjustified inducement of a breach of the contract; (4) a subsequent ...