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May I sue for termination of contracts?

CaliforniaCoronavirusNotice of Termination

I have approved contracts with the same client on multiple projects. After completing first half, client decided to terminate rest due to financial situations related to the pandemic. I agreed to suspend the projects for some time to help them with the situation, however they insisted on termination. Should I terminate the project and then file a claim? Would I be able to recover lost profit on those projects if I terminate? Suspension itself has already caused me loss because of the big open window in my schedule.

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