Legal Question in Administrative Law in Colorado

Injurious Reliance

Under injurious reliance, what are remedies available if a promisor repudiated a contract.


Asked on 7/11/01, 1:25 pm

1 Answer from Attorneys
Charles Aspinwall Charles S. Aspinwall, J.D., LLC

Re: Injurious Reliance

When one party to a contract breaches it, the non-breaching party is entitled to his actual monetary loss plus any additional penalties which may be provided for in the agreement itself.

If the breach is willful, punitive damages may be awarded.

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Answered on 7/12/01, 2:52 pm


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