Under Louisiana breach of contract statutes contracts are referred to as ‘conventional obligations”.
- The person who is to receive the obligation is called the obligee and the person who performs the obligations is called the obligor. Performance means any act of selling, giving or exchanging anything of material value.
- When an obligor fails in performing his obligations it results in a breach of contract.
- Louisiana courts allow recovery of the attorney fees as part of the damages from breach of contract.
- The damages will be computed based on the general and consequential damages incurred by the obligee due to the non-performance by the obligor.