Video: Equitable Remedies in Contracts: Definition & Examples. There are several remedies a court can impose on parties in a breach of a contract case: rescission, restitution, specific performance, injunction, reformation or quasi-contract. read more
Equitable remedies are a distinct category of remedies that can be obtained in a breach of contract situation. In general, remedies may be divided into two categories: legal and equitable. Legal remedies allow the non-breaching party to recover monetary damages. read more
Reformation, in the context of contract law, refers to the a judicial correction or change of an existing document by court order upon petition of one of the parties to the document. Reformation is an equitable remedy. read more