Damages for breach of contract

Damages for breach of contract are damages to a party of a contract that were caused by other party or parties of that contract, either willingly or unwillingly, directly or indirectly. The damages can be classified into the following types:

Ordinary or general damages

Damages that were natural or probable according to the contract. These damages are usually awarded to compensate the offended party, not to punish the offender.

Special damages

Damages that were caused indirectly by a party of a contract, including additional damages arising from the inability of the offended party to fulfill obligations to third parties due to the original contract breach by an offender

Exemplary or vindictive damages

Damages that arise from a serious, very damaging and/or malicious breach of contract. Such damages are awarded not only to compensate the offended party, but to also punish the offender and discourage it from repeating such offenses.

Nominal damages

Damages that are minor or are caused by technical violations. Their aim is not to punish the offender, but merely to acknowledge the rights of the offended party and compensate it for the losses.