Complex business litigation encompasses a wide range of legal issues that arise in commercial transactions and business operations. Due to their intricate, challenging nature, these cases often require substantial time and expertise.
Multiple parties, such as business owners, shareholders and limited partnerships, may have interests at stake. Trying cases in court may be the most appropriate course of action for allegations related to matters such as:
- Breach of contract. This type of litigation arises when one party fails to fulfill its contractual obligations. Actions may result in financial losses or damage to the other party.
- Intellectual property (IP). Cases may involve disputes about IP rights and the legitimate use of patents, trademarks, copyrights and trade secrets.
- Tortious interference. A third party intentionally interfering with an existing contractual relationship may cause economic harm to a business.
- Insurance coverage. Disputes may arise with insurers when business claims for coverage are denied or not properly honored.
- Franchise agreements. Allegations of breach of contract, fraud or unfair business practices could factor into franchise-franchisor relationships.
- Non-compete agreements. Businesses can seek to protect their interests if an employee starts a similar company or begins working for a competitor.
- Class action lawsuits. It can be practical for a large group of individuals negatively affected by a common entity to seek compensation collectively.
Complex business litigation cases may also involve derivative actions, eminent domain issues and disputes related to securities laws. Corporations often find that applying a specialized approach by a team of legal professionals is the best way to protect their life’s work.