
Business disputes can disrupt operations and distract from the work that needs to be done. If they are not resolved, they may also result in financial losses.
These difficulties can be handled with the assistance of an expert lawyer before they become litigious. Business litigation can involve many issues, including breach of fiduciary duty, misappropriation, and corporate governance problems.
Litigation Against the Government
Litigation is a structured process in which a party files a lawsuit against another party to pursue a legal remedy. Typically, parties choose litigation when informal processes have failed, and the desired outcome cannot be achieved through arbitration. In addition to being costly and time-consuming, litigation only guarantees a particular result.
Whether you are the victim of a business dispute or facing a prospect of your own, working with a qualified Underhill Law Denver business attorney can help. While many different disputes can arise in a business, some mainstream issues frequently include breach of contract, fraud, tortious interference, partnership and shareholder conflict, restrictive covenants, and more.
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Litigation Against a Private Party
Hiring a business dispute attorney may be necessary when a private party becomes involved in legal action. The cost of this kind of action can be high, and the result is unpredictable. Generally speaking, this type of litigation is conducted when informal processes have failed.
Many businesses find themselves entangled in contract disputes. These issues can arise from agreements between partners, employees, and other parties within the company. Other times, these disputes can arise from the company’s relationship with its clients or customers. In these cases, claims for breach of warranty might be brought against the company.
Litigation can be a time-consuming process that can take years to resolve. A jury or judge must hear the plaintiff’s case, and the defendant must have the opportunity to refute it.
A business legal dispute can be very damaging to a company. Fortunately, there are many ways that these conflicts can be avoided or minimized. It includes using a lawyer to draft or review contracts for accuracy, using alternative dispute resolution methods, and responding quickly to any threats of legal action. While businesses are not immune to these problems, avoiding them will help reduce their impact on the company.
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Litigation Against a Public Entity
Few legal tasks are more complex or time-consuming than bringing a lawsuit against a government entity. Due to the many protections granted to governmental entities, a lawsuit against a public entity requires specialized legal knowledge.
Business disputes are often a matter of course for businesses, especially those operating in the commercial sector. They can stem from disagreements with customers or consumers or a breach of warranty or some other type of contractual promise.
The most common business disputes involve breaches of contract. It is because so much trade is conducted through contracts among co-founders and partners, with employees, contractors, service providers, suppliers, and clients and customers. A breach of contract claim can arise when one party believes that the amount paid, the goods or services delivered, or the timing in which they were delivered were not executed as outlined in the original agreement.
Other business disputes revolve around breaches of fiduciary duty.
It occurs when a partner or officer takes advantage of a company opportunity for their gain, defrauds other partners, or misappropriates funds or assets of the business.