Business often face disputes with customers or other businesses that cannot be resolved without the assistance of a business litigation lawyer in Irvine, CA. An attorney experienced in business law can help you determine how to proceed if you are faced with a lawsuit or considering filing one.
Common Business Disputes
Businesses deal with a variety of activities on a daily basis that could lead to disputes. A common point of contention deals with insurance. If you have property insurance and experience property damage or loss, you may disagree with the value or remedy the insurance company provides. A business litigation lawyer will fight to make sure you receive every penny and remedy you are entitled to under your insurance policy. Other business disputes may involve intellectual property and breach of fiduciary duty. Intellectual property disputes typically involve patent, trademark, or copyright infringement. For example, if an outside company or individual believes you are utilizing their protected intellectual property, they may try to sue for damages. This will require the help of a business litigation lawyer in Irvine, CA. A breach of fiduciary duty occurs in businesses where partners are financially beholden to one another and the company. If one partner or shareholder does something that is not in the financial best interest of the company, this could be considered a breach of fiduciary duty.
Negotiation, Mediation, and Litigation
The first step when a business dispute arises is always to try and work things out. Most businesses and individuals attempt to avoid litigation but sometimes this is not possible. A business litigation lawyer will review your case and advise you on the best course of action. Attorneys for both parties may try to negotiate an appropriate settlement. If this does not result in an agreement, the parties can utilize an unbiased mediator. Some contracts have arbitration clauses which require the parties to submit to binding arbitration to settle disputes. If a settlement simply cannot be reached, a reputable Irvine CA business litigation lawyer will aggressively fight for your rights to protect your company.
