Depending on the language of the contract, how can you unbreach a contract that has been terminated from direct results of a breach? As far as we know there was language in the contract directly stipulated what would happen had Ricky retired. Wouldn't a RECISSION be ruled?
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Rescission
In most contract disputes, a court puts the nonbreaching party in the position he or she would have been in if the contract had not been breached. However, there are times when the court may place the party in the position he or she was in before the contract was executed. This remedy is known as rescission. This remedy may be selected in cases in which one party intentionally misrepresents a material fact, for example. If a party has delivered goods or money to another party who fails to perform his or her duties under the contract, the court may decide simply to order that the goods or money be returned. The nonbreaching party then is in a position to contract with someone else.
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Just seems to me the nonbreaching party would be treated as if the contract was never signed, thereby not having to honor the previous contract due to the breach.
It would make further sense that the nonbreaching party holds all the cards in this deck.
Take for example my health insurance. It's a binding contract. It also contains language that if my payment is not recieved by the 1st of every month, my contract shall be terminated. If I miss that payment, my contract gets terminated. I can be reinstated, but my previous contract is still over with and a new one has to be drawn up, most likely with a slightly higher payment due to non-compliance with my original contract. It's completely up to the insurance company, not me, of whether or not my monthly payment will go back to what it was prior to the breach.