A timber company is facing a breach of contract lawsuit filed by a Virginia man on April 11 in Raleigh County Court. The complaint, which was filed by TKL Timber, alleges that the defendant, East River Timber LLC, was in breach of a business contract. The plaintiff is also citing breach of implied covenant of good faith and fair dealing as a cause of action in the case, according to a report.
The complaint states both parties had agreed to enter into a contract that would allow the plaintiff the right to clear all the timber contained in a designated lot on Aug. 6, 2012. The area is said to be about 253 acres. Despite an extension of the original agreement made on Feb. 6 2013, the plaintiff claims that it was later given an order to cease operations by the defendant. The TKL Timber now is demanding damages in the amount of $200,800, including court costs.
Contracts are used by companies all the time. The documents define relationships between two entities and provide consistency and reliability that helps reduce the cost of doing business. However, in some cases, one member to a contract may not meet their contractual obligations, damaging the other party.
When this occurs, the injured party may be able to pursue compensation for damages in court. In addition to drafting and reviewing the documents, a lawyer who is familiar with business and contract law could also help a client enforce the terms of a pact. If litigation occurs, that lawyer may be able to evaluate the contract in question and build a case that demonstrates an breach of obligation to the courts.
Source: West Virginia Record, "Timber dispute results in lawsuit", Annie Cosby, May 06, 2014