Kinds of Damages for the Breach of Contract
- June 9, 2021
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There are various reasons for the breach of contract in Dubai. Lawyers in Dubai can help you here when you need them for support and knowledge. They can honestly help in this regard.
They have credible expertise and explicit knowledge in this regard. Moreover, they are updated about the legal advancements done in this regard. Along with that, they can help you with all the legal steps in which you need someone’s assistance.
Kinds of Damages in Breach of Contract
Below are some damages to the breach of contract you need to know. You need to know them before you take any legal steps. Moreover, it is advised to take the help of a legal assistant before going to court.
Compensatory damages are common remedies with breach of contract in UAE. This kind of remedy intends to provide the non-breaching party with an agreement with compensation for losses that it may have suffered. Compensatory damages are not intended to be used as punishment to any breaching party.
Restitution is ordered to make a breaching party pay back the injured party to a breach of contract in UAE. The purpose of restitution is for the restoration of the injured party in a position. As this kind of damage is intended in restoring the injured party to its original position as per lawyers in Dubai.
· Liquidated Damages
Some agreements in UAE include provisions that dictate a predetermined amount of money that a breaching party will pay to the injured party. This is called liquidated damage. A liquidated damage provision in an agreement often gets included when a manager is difficult to foresee.
Hence, if you seek legal help in this regard, contact lawyers in Dubai. They are experts in this domain and can serve you the best. Moreover, they are available all over the UAE for your legal assistance.
They provide their services in Ajman, Sharjah, Fujairah, and Abu Dhabi as well.