Commercial disputes are a common cause of litigation. When businesses fall out, the cost of resolving their differences through the courts can be high. When businesses fail, the costs can be catastrophic.
The vast majority of commercial disputes are handled by mediation or arbitration. However, there are times when litigation is necessary to resolve a dispute. Suppose you find yourself facing a business dispute. In that case, you must seek legal advice as soon as possible from an experienced lawyer who understands your business needs and can provide you with tailored advice specific to your circumstances.
Business disputes can take many forms, including breach of contract, partnership disputes, and shareholder disputes. These are just a few examples of business disputes that can arise in today’s complex business environment. Business disputes can be costly to resolve and impact your ability to conduct business.
Breach of Contract
A breach of contract occurs when one party fails to perform its obligations under the terms of an agreement. In most cases, the aggrieved party must first give notice of its intent to terminate the contract before filing suit for damages associated with a breach. In some instances, however, a court may allow damages without giving notice if there has been substantial harm or if it would be impossible for the aggrieved party to provide such notice due to the actions of the breaching party.
Partnerships are governed by certain state laws that typically require all partners to contribute capital and manage their affairs following specific rules regarding what constitutes fair treatment for all partners. When one partner attempts to take advantage of his position over another partner, this may trigger a dispute that could result in litigation or even dissolution of their partnership altogether. A partner who feels that he is being treated unfairly might allege unfair competition or breach of fiduciary duty against his fellow.Partnerships are governed by certain state laws that typically require all partners to contribute capital and manage their affairs following specific rules regarding what constitutes fair treatment for all partners. When one partner attempts to take advantage of his position over another partner, this may trigger a dispute that could result in litigation or even dissolution of their partnership altogether. A partner who feels that he is being treated unfairly might allege unfair competition or breach of fiduciary duty against his fellow.
Employment disputes can be especially tricky for small businesses because employees are often considered part of the family. It becomes even more complicated when personal relationships are involved in the dispute.
If an employee has been terminated or laid off, there may be grounds for legal action if it’s not handled correctly. In these cases, it’s important to consult with an attorney and make sure you’re following all the proper protocols. An attorney can help draft termination letters and other correspondence to avoid any potential lawsuits down the line.
Customer disputes are among the most common forms of legal disputes that businesses face today. These are usually due to poor customer service, defective products or services provided by a company and, more importantly, lack of professionalism from employees working for that company.
Personal Injury Claims
Today, personal injury claims are another common form of legal dispute faced by businesses. This type of claim involves an injury caused either by accident or negligence on the part of another person or entity who was involved in an accident with you or your property.
Resolving Business Disputes
Business disputes can be resolved in a variety of ways. If you’re facing a business dispute, it’s important to know your options, including mediation, arbitration and litigation.
Mediation is a voluntary process that allows the parties to discuss their differences and come up with an acceptable agreement. Mediation can be helpful if there are no clear winners or losers in the dispute and both sides want to resolve it amicably.
Arbitration is another option for resolving business disputes. In arbitration, an impartial third party hears both sides’ arguments and issues a decision on the dispute. This can be quicker and less expensive than litigation but doesn’t allow for as many appeals as court cases.
Litigation is when one party takes another to court over a dispute — either because they want money in damages or to enforce a contract. Litigation typically involves filing legal paperwork with courts like federal district courts or state courts of general jurisdiction (sometimes called small claims courts).
Why You Need to Contact a Lawyer When Faced with Business Disputes
When you run a business, there is always the possibility that you will encounter some dispute with a customer, employee, shareholder or another business partner.
Disputes can arise for many reasons. Some are relatively minor and can be resolved informally by talking things over with the other party. Others may be more serious and require legal assistance to resolve them.
Before agreeing to represent a client in a dispute, the Nonaj Law Firm lawyers will discuss the matter with them and explain our fees for representing them. We will also explain any costs involved in pursuing the matter through the court, if necessary, to make an informed decision about whether they wish to proceed.
Suppose your solicitor has advised you that you have a claim against another party and would like to pursue it further. In that case, we can advise on whether this is likely to be successful and what steps should be taken to ensure that your position is protected in any court proceedings if necessary.
Contact Us Today
Let the Nonaj Law Firm help you resolve business disputes. If you are involved in a business dispute and need to find an experienced attorney, our firm has been helping clients in the New York City area with their legal needs. We specialize in business litigation and contract enforcement. You can reach us on 971 423 7259.
You can count on us for the highest quality legal representation at a reasonable cost. Our lawyers have decades of experience representing individuals and businesses in New York City and surrounding areas. They know how to navigate the court system and will fight for your rights every step of the way.
Our attorneys have a track record of success that includes:
- Winning large settlements from insurance companies
- Negotiating favorable terms for our client’s businesses
- Helping small businesses get out of legal trouble before they got into it
- Getting drivers’ licenses reinstated after DUI convictions