Common Business Disputes That Can Lead to Litigation
Some of the more common business disputes that can lead to litigation include:
- Breach of contract
- Intellectual asset infringement
- Unfair labor or employment practices
- Patent infringement
- Partnership disagreements
- Software license infringements
- Distribution of assets disagreements
Disputes Between Business Partners
Usually, business partners sign and enter into a Partnership Agreement, a legal document which lays out the duties, responsibilities, obligations, and compensation for each business owner, among other parameters.
When a business dispute arises, it's often because one business owner believes the other is shirking his or her responsibilities. Sometimes, one owner may accuse the other of corporate fraud, including theft of company assets.
When Mediation Fails
Many facing a business dispute end up in court only after alternatives to court, such as mediation, have failed.
It's true that business litigation - solving a business dispute in a courtroom, possibly in front of a jury - can be a lengthy endeavor. However, it is often the only way to achieve fairness for a party that has been wronged in one or more business-related matters.
At trial, evidence will be presented, witnesses questioned, a jury may deliberate, and a verdict will be read. A judgment is then usually awarded to one of the litigants, either the plaintiff or the defendant.
But the matter may not be final: the losing party has the option to appeal the court's verdict.
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