Jennifer Lopez may be facing a $40 million dollar lawsuit after canceling a show at Cratos Premium hotel and casino in Cyprus.
J.Lo withdrew from a scheduled concert after deciding it could have been construed as a political statement. She was scheduled to perform at an event that Greek Cypriots have said would further polarize the already divided country, the New York Times reports.
The singer was scheduled to perform on the 36th anniversary of the Turkish invasion of Cyprus. Some 20,000 people, including Greek-American groups, signed up for a Facebook page protesting the concert.
Lopez subsequently withdrew from the gig. But the chief executive of the Turkish company which runs the hotel is now threatening to go to court to claiming $35 to $40 million in damages.
It is reported that the hotel paid Lopez for the performance and if J.Lo fails to show, they will attempt to recoup the money. In addition, according to hotel execs, a cancellation was not covered in the contract J. Lo signed with the Cratos Premium hotel.
So what is a breach of contract? Typically, a breach of contract is one party's failure to live up to any of his or her responsibilities under a contract.
A breach of contract can occur by:
When a breach of contract happens (or when a breach is alleged), one or both of the parties may wish to have the contract enforced on its terms, or may try to recover for any financial harm caused by the alleged breach.
If a dispute over a contract arises and informal attempts at resolution fail, the most common method used to resolve contract disputes and enforce contracts is through lawsuits and the court system.
The main remedies for a breach of contract include damages, specific performance, cancellation and restitution.