Businesses should take any legal dispute seriously. The cost of a lawsuit or the resulting outcome could jeopardize the future of a business. Waiting too long to get a lawyer involved decreases the chance of a favourable outcome as lawyers need time to review the facts of the case. These disputes often require a commercial litigation lawyer to explore all possible solutions, including negotiations or mediations.
1. Partnership or Shareholder Disputes
Shareholder disputes can occur for a variety of reasons. Shareholders may disagree over violations of business operations or breaches of fiduciary duties. When these issues are not immediately resolved, they may become a major dispute. These problems are often caused by a misunderstanding of details outlined in the shareholder agreements.
A commercial litigator can review the agreements and help determine the legal duties of all parties involved. In many cases, the dispute may get resolved without the need for litigation.
2. Disputes Over Intellectual Property
Many businesses depend on their intellectual property, especially in the technology and medical sectors. When multiple parties dispute the ownership or rights concerning an intellectual property, it is always advisable to contact a commercial litigation attorney.
As with most disputes, lawyers may find a clear-cut answer to the problem in the agreement. Lawyers are also available to help draft agreements concerning intellectual property to help avoid the likelihood of future disputes.
3. Legal Issues Related to Consumer Fraud
Consumer fraud is a very serious matter that may result in steep legal consequences for a company found guilty of committing fraud. When consumers claim that their rights or safety were violated by a company or the use of their products or services, the entire future of the company is at risk.
Consumer fraud cases can be quite complex and require experienced lawyers, especially if the fraud case is brought forward by a government agency.
4. Government Contract Disputes
Government contracts are highly regulated and complex. Due to the complexity, parties may disagree on the some of the finer details of the contract. When these disagreements lead to legal disputes, a commercial litigator can perform an investigation to determine if the contract was violated or if the plaintiff’s case has any merit.
5. Anti-Trust Legal Issues and Trade Issues
Trade and competition laws are designed to help create fair trade and maintain a competitive economy. Trade secrets, the theft of company secrets, and employee raiding are a few examples of common trade issues that may result in legal action.
When businesses face legal action related to anti-trust or trade laws, it is best to contact a lawyer to minimize risk. Lawyers can help companies avoid these lawsuits or aim for the dismissal of claims should the case go to court.
Always choose a commercial litigator for the resolution of disputes. Lawyers who have dealt with commercial disputes and fraud cases are better equipped to provide expert advice and help review all possible solutions. Businesses may avoid severe penalties or legal rulings by attempting to resolve the issue quickly with the assistance of an experienced commercial litigation attorney.
