Compensatory damages are the usual remedy for breach of contract. The party that has been breached is entitled to the value of the promised performance. Recoverability is in accordance with the Hadley v. Baxendale principle ((1854), 156 E.R. 145). Damages for breach of contract are limited to the ordinary consequences which follow in the usual course of things for such breach or for the consequences of the breach which might reasonably be supposed to have been in the contemplation of the parties at the time they made the contracts (Fridman, supra at p. 720).
"The most advanced legal research software ever built."
The above passage should not be considered legal advice. Reliable answers to complex legal questions require comprehensive research memos. To learn more visit www.alexi.com.