Business litigation law is the popular term applied to commercial litigation law. This area of the law is composed of different kinds of disputes that often happen in businesses and commercial settings.

The various legal disputes that fall under the area of commercial litigation law include:

  • Class actions
  • Shareholder-to-shareholder litigation
  • Breach of contract
  • Business torts
  • Breach of fiduciary duty
  • Joint enterprise and partnership disputes
  • Civil litigation

Average Commercial Litigation Lawsuits

Disputes have a strong chance of happening whenever parties agree to:

  • Get involved in business deals
  • Start a partnership
  • Start any number of actions related to business
  • Create a new legal establishment

The average commercial lawsuits that can happen at some point include:

Disclosing the trade secrets/practices of a business

A party that is involved in disclosing the trade secrets of a business without the consent of the owner is also known as misappropriation of trade secrets. The means to acquire the trade secrets could be through employment or stealing them outright. Any exclusive advantage acquired by a business that gives them an edge above the competition is considered a trade secret.

Fraud

The intentional misrepresentation and concealment of facts by a party is considered fraudulent misrepresentation. Not revealing facts of a party when it is obliged to do so intentionally conceal the facts that might prove harmful to the other party/parties. The damage caused to a party relying on the intentional concealment or misrepresentation of facts can justify a lawsuit filing.

Intentional conversion or stealing

A party refusing to turn over a converted or stolen property is seen as intentional conversion or stealing. Intentional possession that has been converted or stolen from the other party can result in a civil law lawsuit similar to criminal theft.

Breach of contract

A party facing damages because of the non-performance of another party as legally agreed on is called a breach of contract. A lawsuit for breach of contract is justified when one party does not conform to the legal agreement executed between both parties.

Improper use of the legal process

A party that maliciously and improperly use the legal process to cause intentional and unmerited harm to the other party commits abuse of process. Abuse of process happens when a party seeks to obtain a collateral goal by using an improper legal process.

Injuring the reputation of another party

Using oral defamation or slander, or libel or written defamation to ruin the reputation of the other party is called defamation. A party setting out to injure the reputation of another party through slander or libel means can justify the filing of a defamation lawsuit.

Unexplained enrichment

Any mistaken payment to a party that is not declared and uncorrected is called unjust enrichment. An unjust enrichment lawsuit can be filed even when there’s no legal contract between two parties. The act of a party receiving a mistaken payment and not paying or returning the amount is enough reason for an unjust enrichment lawsuit.

A business contract involving two or more parties has a greater chance of experiencing disputes that could justify the filing of a lawsuit. While businesses and commercial firms try to avoid these situations, disputes are bound to happen at some point in their day-to-day dealings. You need help from reputable and experienced commercial litigation lawyers to protect your business.