Within any business, disputes are not uncommon. In fact, they can arise easily in any business, either within a business or between one business and another. The subject of a business dispute can involve any aspect of a business’s complex affairs. While some businesses hire risk analysts who anticipate problems and find solutions and strategies to minimize these risks they have found, many do not have these resources. This is where The Firm can help.
Company disputes most often involve a breach of contract because so much business is done through contracts, whether these are contracts among co-founders or partners, with employees, with suppliers, contractors and service providers and, of course, with clients and/or customers.
There may also be disputes within business partnerships. People go into business with one another in order to use their expertise and resources for the profit of each of them, but this does not always work out the way one would hope. Sometimes, situations come up that lead to a conflict among business partners. Some of the most common conflicts might include the following:
- One partner is not performing to expectations or has stopped contributing to the partnership altogether;
- Partners disagree about what is a fair division of the assets when one chooses to leave;
- Partners disagree over the division of the profits.
Company disputes often involve a breach of contract because so much business is done through contracts. These disputes can arise from contracts among co-founders or partners, with employees, with suppliers and service providers, and, of course, with clients and/or customers.
Such disputes can also involve fraud, misrepresentation, and breach of fiduciary duty. Shareholders and unit holders often sue the founders for misrepresenting the value of the investment and mishandling the investor’s money. One company can sue another for similar deceptive conduct relating to a proposed merger or asset purchase. Such suits may arise in the context of a bankruptcy proceeding, a trademark infringement suit, or patent enforcement action.
Regardless of the underlying merits of a dispute, a business needs a seasoned litigator to navigate the Court system and achieve the best outcome in any suit which arises. If you are involved in a business disputed, or even anticipate a possible dispute, contact Moravcik Threadgill & Starry as soon as possible.
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