Contracts: Equitable Remedies

Resource type: Practice Note

Status: Maintained

Jurisdiction: USA

This Note discusses the application of equitable remedies under US contract law. Courts generally favor legal remedies for breach of contract, but they have the discretion to award equitable relief if legal damages are inadequate to compensate the aggrieved party for its losses. This Note covers types of equitable remedies, limitations and defenses, the use of contractual provisions expressly addressing the availability of equitable relief and the availability of equitable remedies under major commercial contract types.

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Resource ID: 0-519-3197
Products: PLC US Commercial, PLC US Law Department
This resource is maintained, meaning that we monitor developments on a regular basis and update it as soon as possible.

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CommercialCommercial (http://us.practicallaw.com/3-500-0084)
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Notice of Termination Notice of Termination (http://uslf.practicallaw.com/topic1-521-2628)

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General Contract Clauses: Entire Agreement General Contract Clauses: Entire Agreement (http://uslf.practicallaw.com/topic9-520-4139)
General Contract Clauses: Equitable Remedies General Contract Clauses: Equitable Remedies (http://uslf.practicallaw.com/topic6-518-8602)
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General Contract Clauses: Severability General Contract Clauses: Severability (http://uslf.practicallaw.com/topic2-519-1319)

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