Private Law Tutor in London - Legal remedies for breach of contract aim to put the injured party in the position they would have been if the contract was properly performed. The main remedies include:
Damages: Monetary compensation for losses caused by the breach, usually aimed at covering actual financial loss or loss of profit.
Specific Performance: A court order requiring the breaching party to perform their contractual obligations, used when damages are inadequate (e.g., unique goods or property).
Injunction: A court order preventing a party from doing something that would breach the contract.
Rescission: Canceling the contract and releasing both parties from further obligations.
Restitution: Returning any benefits unfairly gained to prevent unjust enrichment.
These remedies ensure fairness and enforce contractual obligations.
