If it is a good case, your lawyer, if you have one, might be upset and might want some sort of fee for all his/her work. You will not be allowed to refile at a later time. Other than that, nothing, unless it is a frivolous suit. There is a law that says the defendant can sue you for filing a frivolous suit. Of course, if it is frivolous, you will lose anyway, and you are better off do drop it now. If they do have a suit for a frivolous suit, their damages will be more if you continue to pursue it. If it is a decent suit and you have a lawyer, I would at least ask the other side for an offer and take it. Something, even a dollar, is better than nothing.
Answered on Jun 22nd, 2011 at 11:23 AM