While a business or commercial dispute may seem like a source of disruption, resolving it can provide an unparalleled pathway for growth, success, and collaboration. At Hone Law, we are as forward-thinking and agile as the business clients we serve. By leveraging our experience as commercial litigators, industry-specific knowledge, and data-driven science, we are better able to resolve business disputes. Protecting your business from legal action requires sharp, refined representation. To discuss how we can advocate for you, connect with our team at (702) 608-3720 today.
What Is a Business or Commercial Dispute?
Business or commercial disputes are conflicts in a commercial context between two business entities. These disputes can vary in scope and complexity, and if not handled quickly and constructively, can harm business reputation, finances, and operation. Generally, business disputes are resolved through dispute resolution procedures, including mediation or commercial litigation.
What Are the Main Types of Commercial Disputes?
While it is hard to capture the complexity of business disputes, many of these disputes involve two commercial entities that disagree on some aspect of a business arrangement. The following are some of the main types of claims and causes of action brought in commercial disputes.
Breach of Contract
When one party violates the agreed-upon terms of a contract, a breach of contract occurs. Breach of contract disputes are at the center of most commercial litigation and can threaten the stability of a company by disrupting key operations.
Commercial contracts are becoming increasingly complex, and staying on top of all your contractual obligations is no easy feat. At Hone Law, we work with businesses to draft and review all terms, consider potential risks and contingencies, and resolve breach of contract disputes before they escalate into major disruptions.
Breach of Fiduciary Duty
Fiduciary duty is the legal obligation to act in good faith to protect the interests of the business. An officer of a corporation, for instance, has fiduciary duties to the company’s shareholders. Business partners have fiduciary duties to each other, and majority owners have fiduciary duties to minority owners of the company. If confidentiality is not maintained, if critical information is disclosed, or if a fiduciary fails to complete key tasks, they may face a claim for breach of fiduciary duty.
Fraud & Misrepresentation
When your business enters into an agreement with another party, you should be able to depend on the representations made to you. These two concepts are distinct legal actions, and business fraud cases can come in the form of misrepresentation, concealment of material information, misappropriation of trade secrets, embezzlement, and various other forms of misconduct. In these cases, the aggrieved party may be able to pursue a claim for fraud along with a breach of contract or fiduciary duty.
Intellectual Property Infringement
Intellectual property (IP) rights are central to the continued success of many organizations in our increasingly tech-dependent business climate. Consequently, disputes over copyright, trademarks, patents, and trade secrets are common. Our strategic capabilities and breadth of experience allow our team of commercial dispute lawyers to provide efficient services to companies seeking IP protection.
Tortious Interference
These claims are highly nuanced, often involving third parties and a company’s competitors. Tortious interference claims may also arise due to a current or former shareholder violating a confidentiality agreement, or in connection with poaching or intentional obstruction of a business relationship.
Employer-Employee Relations
Despite taking precautions to ensure a smooth and peaceful workplace, disputes between an employer and an employee may still occur. When a business or commercial dispute involving employer-employee relations arises, it is vital to resolve issues early, safeguard your reputation, and preserve relationships long-term. At Hone Law, we empower companies to resolve employment disputes in a timely and professional manner while protecting their interests at every step.
Commercial Real Estate Disputes
Commercial real estate disputes take many forms, including landlord-tenant issues, land use disputes, breach of contract, and misrepresentation. The effect of commercial real estate disputes is far-reaching and can be devastating to a company’s stability and its ability to establish a footprint in a target market.
What Is the Role of a Commercial Dispute Lawyer?
If not managed properly, a claim or cause of action in a business or commercial dispute can cause significant harm to a company’s operations, reputation, and financial stability. In the event of a dispute, a commercial dispute lawyer will work to protect your business and obtain a favorable outcome while minimizing risk throughout the process. Your legal counsel will identify the right solutions to drive your business forward and implement them strategically, tailoring their approach and advice to meet your unique needs.
The main responsibility of a commercial dispute attorney is to identify the right option to reduce financial risk for your business. In addition, your attorney may also:
- Perform deep case analysis
- Prepare litigation budgets and timelines
- Prepare all motions and pleadings
- Draft responses to the complaint
- Exchange evidence and data with other parties
- Conduct extensive witness and document investigation
- Negotiate with other parties
- Litigate your case in court
At Hone Law, our goal is to settle the issue before it becomes more complex or costly for your business, approaching all disputes from a multipoint perspective to pinpoint the most effective legal strategy then moving forward with confidence and sharp legal expertise. We strive to resolve disputes amicably, but we do not shy away from litigation when it is necessary to safeguard a company’s financial and legal interests.
Speak Legal Support with an Experienced Commercial Dispute Lawyer at Hone Law
Business disputes are complex and challenging, and it is vital to have an experienced commercial dispute lawyer by your side to protect your interests and navigate the process expeditiously. At Hone Law, we represent clients who want smart, resource solutions to their commercial disputes. In a high-stakes business dispute, you can rely on our team to provide effective strategies and a forward-thinking approach to successful resolution. To learn more, contact Hone Law at (702) 608-3720 today.