The realities of the business world make contract disputes inevitable in North Carolina and around the country. When parties renege on their contractual commitments or do not interpret an agreement's provisions in the same way, an experienced attorney taking a proactive approach can mean the difference between a swift and amicable resolution and a long and costly legal action.
When two parties sign a contract together in North Carolina, they are both bound by the terms of the contract. A party that does not comply with the responsibilities that are set forth are in breach of the contract. A contract breach could lead to a lawsuit, and there are certain types of remedies that might be available to the aggrieved party.