In today’s highly competitive environment, businesses need to protect themselves from more than just their competition. There is a risk of a lawsuit with a business partner, or a dispute with a supplier, that can threaten a company’s productivity and lead to significant losses.
These disputes arise from various causes, including but not limited to copyright infringement, breach of contract, and theft. Not only do these disputes require a significant amount of money to resolve, but they can also involve a violation of a company’s privacy, leading to a considerable amount of stress and lost work hours.
Examples of Common Commercial Disputes
Corporate Disputes. A corporate dispute is a legal dispute between a corporation and a partnership that may involve several issues. Mergers, acquisitions, and financing arrangements are common areas of corporate litigation. Aside from the everyday challenges of doing business, there can also be more personal issues that manifest in a corporate conflict. For instance, Investors may sue a corporation alleging that its officers and directors engaged in a transaction that caused considerable damage to the corporation.
Intellectual Property Infringement. Common commercial disputes arise when there is a disagreement over intellectual property and the infringement proceedings. For example, an individual or business owner may believe that another entity’s trademark or brand image has been infringed upon, or two companies may disagree with licensing rights.
Breach of Contract. A breach of contract is an agreement that was not honored to the full extent. This can result in both parties involved suing one another to either receive restitution or monetary damages. An infringement can be minor or material, and how a commercial dispute is resolved depends on how severe the violation is.
Breach of Fiduciary Responsibility. Successful companies may sometimes fail because of problems with their leadership. Fiduciary responsibility is the duty owed by an individual who is in a position of trust to act honestly, sincerely, and responsibly in the best interests of the beneficiaries of the relationship, with full knowledge of all relevant facts. Whether the relationship is between an employer and employee, between an owner and shareholder, or between two companies, there are many ways that it can be breached.
Commercial Courts. Various divisions of high courts or commercial courts will deal with commercial disputes depending on their value. The case might even qualify as a federal case if its overall value is high enough.
Judges appointed to handle commercial disputes usually possess experience handling commercial disputes, and commercial divisions generally request their nominations. Those assigned to High Court cases must be experienced judges, who the Chief Justice will choose. Commercial courts require appeals to be brought within 60 days of any lower court decision.
Looking For Commercial Dispute Appeal Assistance?
You are in the right place. Hunker Appeals is here to help with all your queries regarding commercial appeals. Our firm often prevails against much more prominent local and regional law firms because our top-notch litigation team prepares, executes, and aims to win.
If you live in Fort Lauderdale, Boca Raton, Weston, Miami, West Palm Beach, or one of the other surrounding Florida communities and need an appeals attorney, Hunker Appeals can provide a smooth path through the appeals process.
Call or email Hunker Appeals now to set up a consultation.
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