What is Business Litigation?
Business Litigation typically involves disputes that arise out of commercial and business relationships. This is something that can include an establishment’s claims against another company, governmental entity, or groups of individuals. Most of the time the issues are complex, requiring an attorney’s understanding.
Lawsuits are public knowledge, and can create potential PR issues for companies. Lawsuits have the ability to damage reputations, and cause financial damage by decreasing sales and increasing expenses. It is important to effectively handle a dispute from the very beginning in order to ensure continuation of business.
Common types of Business Litigation:
Breach of Fiduciary Duty
Breach of Contract
Trade Secret Disputes
Partnership Disputes, and more.
When business owners take a “wait-and-see approach” to legal disputes, it is often done due to not wanting to contemplate or confront litigation until a suit is filed, or have they simply have a fear of litigation.
The first step in preparing for disputes is engaging an attorney, such as Mr. Dragon, to notify immediately in the event a lawsuit is brought or threatened. An experienced attorney can provide immediate advice and support when quick and educated decisions are necessitated.
Please Contact Us if you have any questions about Business Litigation or have a matter you would like to inquire about.