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Thursday, April 26, 2018
When is a Contract “Irreparably Broken” in the Eyes of the Law?
In U.S. contract law, a contract is considered “irreparably broken” after a “material” breach of contract—a breach that is so severe that essentially destroys the basis of the contract and goes to the root of the agreement between the contract’s parties. If a material breach occurs, the non-breaching party can end the agreement and attempt to collect damages resulting from the breach.
With this in mind, here are some factors to consider when determining whether a contract breach was a material breach.
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