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The Basics Of Business Litigation Every Startup Should Know

When someone starts a business, the last thing that they want or expect is to be involved in a legal dispute. But legal disputes sometimes happen and when they do, that business owner should be prepared to fight back.

A dispute can arise for any number of reasons; there could be a dispute with employees or with partners, there could be cybersecurity issues, or there could be a malicious third party causing trouble.

No matter what kind of problem a business is facing, it will need a business litigation attorney to help them face it. That is because business litigation can get very complicated and a lawyer gives the business owner the best chance of a successful outcome of their case.

Anyone who lives in central Florida and is involved in a business litigation case should contact Parikh Law, P.A. to get the help they need.

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What is Business Litigation?

A business litigation is a dispute that is caused by a commercial or business relationship. That dispute could arise from within the company, such as a problem with an employee, but it could also stem from a problem with another business, a group of people, or a government entity.

A business dispute can hurt the reputation of a company, which could in turn hurt the company’s bottom line. Basically, a business litigation is bad for business, which is why it should be addressed as quickly as possible.

Types of Business Litigation

There are many possible types of business litigation, not all of which can be detailed here. However, these are some of the more common types:

Employment Disputes

This could cover a lot of different topics because there can be many different problems involving employees. Employees could have problems with workplace harassment, discrimination, or wrongful termination. If you had your employees sign an NDA (Non Disclosure Agreement) that they violated, then that could cause problems as well.

Breach of Contract

When you sign a contract with someone, you expect them to fulfill the obligations of that contract. If they fail to do so and you suffer losses as result, then you have grounds for a business litigation case.

Product Liability

This happens if your company makes a product and someone claims that your product injured them when they were using it as it was intended. If that happens, then the injured person will try to get compensation from your company if they believe that your company was responsible for the problem that led to their injury. Plaintiffs in successful mass tort lawsuits earn compensation to cover the costs of medical expenses, loss of quality of life, emotional damages, and more.

But a product liability could be caused by any party in the manufacturing or distribution chain of the product.

Intellectual Property Disputes

If you discover that someone is using your intellectual property without your permission, then you need to prevent them from exposing your trade secrets and profiting off of your hard work. There could also be a dispute if another company thinks that you are infringing on their intellectual property.

Partnership Disputes

Sometimes partners stop seeing eye to eye and end up in a disagreement with each other. In some cases, this disagreement can be resolved amicably, but in other cases it can get bitter and ugly, in which case legal intervention may become necessary.

Contact an Attorney if You Get Involved in a Business Litigation

A business litigation could have a negative impact on your company, which is why you should nip that kind of problem in the bud as soon as possible. That means you should contact a business litigation lawyer to help you get through that situation.

They will fight for you and do their best to make sure that you come out on top. So do not hesitate to get in touch with an attorney if your business gets involved in a legal dispute.

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Get the latest news, resources and tips to help you and your small business succeed.