Many types of contracts are covered by legislation that details exactly what must be paid out when one party fails to live up to the contract. The national law firm of Watts Guerra can work with you to help collect what you’re owed as statutory damages.
Statutory damages are damages awarded based on a fixed amount set by law. Federal and state lawmakers have set precise terms which must be met for prompt payment, debt collection, and other transactions covered by contracts. When one party fails to live up to these terms, there are also very precise amounts that must be paid out for this failure. These amounts can be as high as thousands of dollars per day.
If you have a contract with the Federal government, are a provider entitled to Medicare or Medicaid payments, or have any other relationship which is covered under the Prompt Payment Act or other statutory damages laws, you may be entitled to damages when the other party fails to live up to the contract.
If you’re facing a breach of contract covered by statutory damages laws, speaking to an experienced attorney is your best course of action.
A mass tort happens when a number of cases are brought together in a single court and evidence is shared between the cases. Mass torts are often confused with class action lawsuits, but they are actually very different. In class action suits, a large number of plaintiffs are all given the same judgment, in mass torts each verdict is still decided individually.
The law firm of Watts Guerra has a unique standing among America’s personal injury law firms. Our attorneys have handled some of the largest and most complex cases in American legal history.
The national law firm of Watts Guerra is one of America’s leading personal injury firms, able to assist individuals and families anywhere in the United States. If you’ve been harmed due to a breach of contract covered by statutory damages law, contact us online or call us at (800) 294-0055.