SilliamWhale
Member
I think the point is, it's a done deal if that's what the parties truly intended. There are moral and legal obligations.
But all the aggrieved party can sue for in a court of law are his losses. If he won his case, the court would only award his actual costs, plus very rarely punitive damages.
So what did that broken word, given with a hand shake, actually cost? (Edited to say, that's probably loss of reputation which is hard to replace with money!).
Im being practical about it though.