Breach of contract is a cause of action or claim in civil litigation (lawsuits) that provides the legal basis for a person or entity to recover its damages/losses when another person or entity breaches an enforceable written or verbal agreement (contract) by breaking one or more promises in the agreement.
In Minnesota, a breach of contract occurs when one party fails to fulfill their obligations under a contract, whether it's written or verbal. The aggrieved party can seek legal recourse through civil litigation to recover damages resulting from the breach. To succeed in a breach of contract claim, the plaintiff must prove the existence of a contract, performance or tendered performance by the plaintiff, breach of the contract by the defendant, and damages caused by the breach. Minnesota follows the common law principles of contract law, and the statute of limitations for breach of contract actions is generally six years for written contracts and two years for oral contracts, as per Minnesota Statutes section 541.05, 541.07. If a breach occurs, the non-breaching party is entitled to remedies that may include compensatory damages, specific performance, or other relief as determined by the court. It's important to note that Minnesota courts may also consider equitable principles and may enforce certain defenses, such as fraud, duress, or unconscionability, which can affect the outcome of a breach of contract case.