Adam Haffenden and Frank Oppong have prepared an article for the London Chamber of Commerce and Industry‘s magazine called London Business Matters. The article aims to provide UK businesses with a guide on breach of contract, outlining key aspects, legal consideration, and potential remedies.

Here is a short extract from the article:

”Contracts are regarded as an imperative factor in business relations. However, despite the best intentions, breaches of contract can occur resulting in financial implications. This article aims to provide UK businesses with a guide on breach of contract, outlining key aspects, legal consideration, and potential remedies.

Contracts

A contract is a legally binding agreement between two or more parties. Contracts are an integral part of business, serving as the foundation for legal relationships and commercial transactions. Contracts can be written, oral or implied by the conduct of the parties. However, it is good practise for key terms to be written as this provides a clear record of the agreement between the parties and it often avoids the need to litigate any dispute that arises between the parties.”

The article was published first time on the London Chamber of Commerce and Industry‘s magazine called London Business Matters magazine on 22nd January 2024. If you wish to read the full article, please click here.