Four Common Business Disputes that can Lead to Litigation

Business litigation includes disputes that arise out of commercial or business-related transactions. It can arise in different situations that involve various kinds of legal issues. Therefore, if you expect to be involved in this type of litigation, you must seek the advice of a skilled Clearwater business litigation lawyer. Below are some legal issues that often end up in business litigation:

Breach of Contract

Business contracts must be well written to give remedies including breaches.  A provision on breach should prevail in terms of liability, arbitration, mediation, and others when a contract dispute arises. But, some contract disputes are not easy to resolve. An experienced attorney can negotiate contracts and commercial agreements. Also, they can handle every aspect of contract breach litigation.

Business Fraud

This business dispute can happen through deception or misrepresentation. Also, it can occur in different contexts like employee fraud, company fraud, procurement fraud, and other scenarios. Because these disputes can involve aspects from different areas of law, your company would require extensive legal knowledge to protect you against possible fraud. A lawyer who has experience in handling business litigation disputes can offer your organization custom proactive measures.

Business fraud litigation can lead to monetary damages, possible disgorgement, and damage to business reputation. A good attorney can identify issues early on, so your case will be handled properly from the get-go.

Breach of Fiduciary Duty

Typically, litigation on this dispute arises with allegations that an individual breaches a duty to others. Fiduciary duties can arise in a lot of contexts. And litigation on the breach of these duties often includes fraud claims and other business tort claims. Business owners must address these claims as quickly as possible with the assistance of a litigation lawyer. The lawyer may request immediate relief like preliminary injunctions, temporary restraining orders, and expedited discovery. In this type of litigation, you need a lawyer who understands the urgency and the need to mitigate losses. Your lawyer can help your company prevent disputes by reviewing and structuring corporate agreements, offering corporate governance consulting services, draft non-compete, non-disclosure agreements, and implement specific fiduciary agreements.

Non-Compete Issues

Non-compete issues can lead to litigation when an employee breached non-compete agreements. These agreements can include different covenants such as not disclosing confidential information and soliciting business from the customers of their former employer. Litigation over these agreements usually moves quickly when a reputable litigation attorney is hired to handle it.

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Created on Aug 28th 2021 08:23. Viewed 273 times.

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