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May 14, 2012
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Breach Of Contract

The courts recognize a claim for damages when someone induces a breach of contract or interferes with financial expectancies. An improper motive such as fraud or duress is usually required. Most authorities find that mere persuasion or entreaty is not enough (Connecticut Law of Torts, chapter XIX, § 165).

For intentional interference with contractual relations, the plaintiff must have a contract with a third person and the third person must be induced to break the contract with the plaintiff.

Interference with a business relationship requires (1) a business relationship between the plaintiff and another party, (2) the defendant’s intentional interference with the business relationship while knowing of the relationship, and (3) actual loss by the plaintiff due to the interference (Hi-Ho Tower, Inc. v. Com-Tronics, Inc. , 255 Conn. 20 (2000)). There must be a direct relationship between the defendant’s act and the plaintiff’s loss and a reasonable expectation of receiving a profit in the prospective transaction. A mere possibility of making a profit is not enough (Connecticut Law of Torts, chapter XIX, § 165).


 

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Did You Know?    
 
 
If You Have A Contract Issue You Can Call For 'Arbitration'
Some written contracts call for "arbitration" if you have a problem. This means that you have the right to take a dispute to an impartial person-or group of persons-with no connection to the courts.

 


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News about contract cases in New York and nationwide:

General Information on Contracts
By definition, and as contractors already know, contractors contract. It's an essential part of what contractors do. And the essential meaning of c...
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Contractor Shall Be Included As Part Of The Contractor's
An STA may implement procedures or requirements which extend preferential employment to all Indians. Recruiting efforts may be targeted toward thos...
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Which Remain In Place At The Contractor's Convenience
The manufacturing process for a steel/iron product is considered complete when the product is ready for use as an item (e.g., fencing, posts, girde...
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Contract Terms

 


Today's Terms

Escape Clause

Definition:
A provision in a contract or other document permitting parties to avoid liability for nonperformance under certain conditions.

Futures Contract

Definition:
A contract for the future delivery of a specified commodity, currency or security on a specific date at a rate determined in the present.

Warranty

Definition:
A promise by a contracting party that the other party can rely on certain facts or representations as being true.

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Contract Hot Topics

 


Topics Related to Contract:

  • Acceptance
  • Breach of Contract
  • Conditions
  • Liability
  • Offers
  • Underwriter
  • Warranty
  • Competent Parties
  • Mutual Assent
  • Consideration

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