Compensation Procedures
Compensation procedures related to contractual relationship
In the business world, we come across contracts every day, and they virtually constitute an integral part of our work. Basically, we always draft and prepare contracts to be advantageous and acceptable for both (or all) parties involved. Based on this, generally speaking, complying with the contractual terms of the contract should not be a problem.
However, in practice, breaches of contracts occur daily. In such cases, one contractual party fails to fulfill his or her obligation, perform when it is due, or one performs defectively. It is also possible that the performance becomes impossible and subsequently causing you damage. In these cases, additional obligations, known as other obligations securing the agreement, can serve as safeguards. This can include, for example, a third party’s guarantee or a lien, a contractual penalty, or earnest payment if the contract between the parties contains such provisions.
If you or your business suffers damage due to a potential breach of contract, contact our law firm. Our colleagues are at your disposal to assist you in pursuing compensation claims.
Delictual compensation procedures
There may be situations where not only financial and monetary damage arises due to a possible accident but other as well. Trauma, lifestyle changes, and changes in standards of living all qualify as non-material damage. In such cases, if you find yourself in this situation, in addition to compensation for monetary damage, you are also entitled to a grievance.
Another common scenario is claiming compensation against insurance companies. There are frequent incidents where the insurance company is unwilling to pay the compensation amount because they refuse to acknowledge it. Our firm also provides representation in such cases and is available to assist in these situations.
