Business litigation encompasses a wide range of case types. The types of cases can include clear breaches of contracts, disputes relating to dissolution of partnerships, and employment-related litigation.
Different Types of Cases in Which a Business Litigator Can Help
When a company faces litigation, a business owner may worry about how the litigation may affect the company’s overall profit margins and stability. If you wish to mitigate the damage, it becomes important to consult a legal practitioner who can provide guidance.
These are some of the most common types of litigation in which companies may become embroiled:
- Breach of Contract
New York business law professionals often represent corporate clients in litigation relating to breaches of contract, such as those relating to noncompete clauses, supplier agreements, employment contracts, or intellectual property rights. Any contract dispute has the potential to become costly if it is not managed correctly from the very beginning. This is where a business litigation attorney can add value to a company.
When ignored, a breach of contract can contribute to significant damage to a business’s reputation and its relationships with clients and suppliers. That is why it is critical to find a professional who can handle the case efficiently and competently. For example, it is important to find a lawyer with experience handling cases that are similar to yours. In the case of a copyright, trademark, or patent contract dispute, you can speak with a New York Intellectual Property Attorney to learn about the options available to you, as well as how you can stay away from further troubles.
- Real Estate Litigation
Real estate litigation often arises when a business has invested in real estate or rents commercial space for its operations. In situations like these, a legal associate can help the company identify its rights and pursue a favorable outcome.
- Shareholder or Partnership Disputes
Conflicts involving shareholder or partnership disputes may arise if there are allegations that the leadership failed to manage the company properly or if the leaders breached their fiduciary duty to the company. A lawyer’s assistance can be incredibly valuable in these types of cases.
- Intellectual Property Disputes
Many types of corporate legal claims involve conflicts with respect to intellectual property, such as trademarks, copyrights, and patents. If you believe that a person or business used your company’s intellectual property without your express permission, you can pursue a legal claim against them. The court can prevent the infringing entity from using your intellectual property and allow you to seek damages for their actions.
Alternatives to Litigation for Dispute Resolution
While many cases involving business litigation are brought forth into a courtroom, various alternative dispute resolution options may be open to you, including mediation and arbitration.
Mediation can be a cost-effective, favorable option for reaching a mutually agreeable resolution for many different types of business law disputes. However, it is crucial to understand that the outcome of mediation is non-binding and cannot be enforced in court.
A mediator is a third party who acts as a neutral on behalf of the parties in an attempt to seek a mutually agreeable and straightforward solution. If you believe that mediation may be right for that case, you can always consult a legal associate who can help you ensure that the deal is fair to you. When mediation fails, you may need to take the case to court.
The outcomes of arbitration proceedings are legally binding, just like the outcome of a trial. In an arbitration, a neutral party conducts the hearing. The parties can call witnesses and present evidence to the arbitrator during the proceedings.
Businesses regularly become involved in litigation, especially when they least expect it. If you find yourself in that situation, you can contact a New York business law attorney to help you determine what steps to take next.