A Comprehensive Overview of Contract Remedies: Damages, Specific Performance, & Negative Injunction

Remedies regards the field of law dealing with the means of enforcing rights and redressing wrongs. Contract remedies refer to the ways in which courts address breaches of contract. This video provides a comprehensive overview of contract remedies, including the following topics: 00:00.0 Intro 00:10.8 Remedies Defined 01:38.8 Three Remedial Interests: Expectation, Reliance, and Restitution 02:42.1 Remedial Forms: Money Damages and Equitable Remedies 04:13.3 The Expectancy Interest 04:50.0 The Reliance Interest 05:15.4 The Restitutionary Interest 05:32.5 Specific Performance (Defined) 06:19.4 Negative Injunction (Defined) 07:19.1 Standard Money Damages 07:50.4 Calculating Expectation Damages 08:36.3 Loss in Value Calculation (Expectation Damages) 11:34.3 Total Loss = Direct Loss + Indirect Loss (Incidental and Consequential Damages) 15:43.3 Hadley v. Baxendale 17:29.1 Duty to Mitigate Damages? 18:48.0 Loss of Use Calculation (Expectation Damages) 19:37.8 Loss of Market Value Calculation (Expectation Damages) 20:53.6 Cost of Completing Performance Calculation (Expectation Damages) 22:29.1 Peavyhouse v. Garland Coal Co. 23:45.8 Alternative Money Damages 25:25.9 Punitive Damages 28:26.9 Liquidated Damages 30:31.3 Reliance Damages 33:50.7 Restitution Damages 36:33.3 Review of the Remedial Interests (Expectation, Reliance, and Restitution) 41:27.3 Equitable Remedies: Specific Performance and Negative Injunction 42:15.6 Specific Performance (Explained) 43:31.4 Negative Injunction (Explained) 44:05.3 Factors for Injunctive Relief 44:56.7 Common Injunctions 47:09.8 Conclusions: Contract Remedies 51:15.8 Outro My Bio: https://law.unh.edu/person/seth-oranburg