Breach of Contract

If one party fails to act according to a contract (by refusing to pay the other party, for example), that party is in “breach” of the contract. In many cases, the other party can sue the breaching party either for money or to force them to act according to the contract. However, filing a lawsuit can be expensive, time-consuming, distracting, and can sometimes even lead to negative public press, so even if one party can sue the other party, it doesn’t necessarily mean they want to. It’s important to consider the costs and benefits of filing a lawsuit to enforce a contract.