What Are the Most Common Types of Business Litigation?

 Posted on October 30, 2024 in Business Litigation

Businesses from small to large often find themselves engaged in disputes. Whether it is a company accusing an employee of breach of contract or a customer accusing a company of fraud, such disputes can affect the bottom line of a business. It is therefore vital to hire an aggressive and experienced business litigation attorney who will represent the business in disputes and protect the company’s interests.

What Are the Most Common Types of Business Litigation in Maryland?

Businesses in Maryland may be party to several types of disputes that can lead to litigation. The most common ones include:

• Breach of contract: When business partners, vendors, or employees violate their contractual obligations, it can have a serious impact on a business. Breach of contract disputes are a common cause of business litigation.
• Employment violations: Employees sometimes accuse their employers of violating employment law. They may bring claims of harassment, discrimination, wrongful termination, wage violations, and other complaints. If a company is found to have committed any of the above, it can result in costly penalties and fines.
• Fraud or misrepresentation: Another common type of business litigation involves claims of fraud or misrepresentation. A customer, for example, might accuse a company of false advertising when a product or service does not meet expectations. Alternatively, a partner might claim that a business did not properly disclose its financial data during a deal.
• Intellectual property: Intellectual property is a major asset for a business. Brands, formulas, slogans, trade secrets, and algorithms are all types of intellectual property that can translate into revenue. When intellectual property is stolen or compromised, it can seriously impact a company’s profits.
• Shareholder disputes: A company’s shareholders may feel the corporation is breaching its fiduciary duty by failing to act in their best interests. If corporate officers turn down a lucrative deal, for example, it could spark lawsuits by shareholders.
• Property disputes: Businesses often deal in real estate by buying, selling, or leasing property. Sometimes, they may fall into a dispute regarding the ownership of the property, the property’s boundaries, or provisions in the agreement.

How Does Business Litigation Work?

When you litigate a dispute, your attorney will file a lawsuit or a response to one. It is common after a lawsuit is filed for the court to order the parties to try negotiating a settlement. An experienced lawyer is crucial to reaching a settlement that serves your best interests. One of the main advantages of a settlement is that it avoids a drawn-out trial. If one cannot be reached, the case will likely proceed to trial where your attorney will prepare evidence and arguments for the court.

Contact a Bethesda, MD Business Litigation Attorney

Business litigation is often a complex process that requires an experienced North Bethesda, MD business litigation lawyer to protect your company’s interests. At Salvado Law Offices, our deep understanding of corporate law allows us to create robust legal strategies tailored to your needs. Our English-speaking and Spanish-speaking attorneys are committed to fighting for you diligently and aggressively. Speak with one of our excellent lawyers by calling 301-933-1814 now.