Do I Have a Commercial Lawsuit?
March 31, 2020
Most business owners agree that avoiding lawsuits can save your business a lot of money, time, and unnecessary stress. However, commercial lawsuits and business disputes are unavoidable at times. Whenever you want to settle a business dispute or file a business lawsuit, it is important that you consult with a commercial litigation attorney. William B. Hanley, Attorney at Law can provide you with the representation you need.
Bill serves the legal needs of business owners in Orange County, Los Angeles County, and San Diego County.
Why You May Need To Hire a Commercial Litigation Attorney
According to Lex Machina, a company that provides legal analytics to law firms, a total of 54,951 commercial litigation cases were filed in the United States between 2009 and 2017. Of these, the Central District of California saw the highest number of commercial litigation cases filed (4,257).
As a California business owner, you need to be aware of the scenarios in which you have a valid claim against the person or entity who caused damage to your business, profits, and/or reputation. Below are some scenarios that may require you to hire a commercial litigation attorney:
Also referred to as "stock fraud" or "investment fraud," securities fraud is a deceptive practice in the stock markets that prompts an investor to make sales or purchase decisions based on false information. This usually results in losses, which is why it is illegal. If you are facing securities fraud charges or need to recover your loss through a lawsuit, hiring a commercial litigation attorney should be your first step.
Breach of Contract
A breach of contract occurs when one party fails to fulfill its promises or obligations according to the provisions of a contract or agreement. A business litigation attorney can defend you if your business is facing a breach of contract lawsuit or help you take action if you feel someone has breached their contract with you.
A shareholder dispute is a disagreement among shareholders about how a business or corporation is governed. Shareholder disputes can occur when shareholders have a difference of opinion over the company's operations, finances, direction, compensation, and more.
To protect your business against a shareholder dispute, it is essential that you have a very strong and well-drafted shareholder agreement in place right from the very beginning. That said, if it comes down to a lawsuit, you should seek counsel from an experienced business litigation attorney as soon as possible.
Failed Joint Venture
A joint venture can fail due to several factors. Customer needs can become obsolete. New technology may not work. Markets may not materialize. Sometimes, it may be as a result of poor leadership, cultural differences, funds mismanagement, or misalignment on venture strategy. If you will like to file a lawsuit or need defense against another party that has filed a lawsuit for a failed joint venture, you should hire an attorney.
Uniform Commercial Code Issue
The Uniform Commercial Code (UCC) was put down by the federal government to govern business and contract matters. The UCC governs all kinds of business transactions and contract situations involving at least one merchant. Filing a UCC claim often involves a lot of technical contract laws and rules. Make sure the business litigator you hire is up-to-date on these considerations.
In business, indemnification is a contractual obligation where one party agrees to protect another party in the event of a financial loss. This means that you are financially responsible for losses or guarantee protection against any potential loss. If you are filling an indemnification lawsuit or need to defend your company from one, a commercial litigation attorney can offer you legal guidance.
Why Hire William B. Hanley, Attorney at Law?
As a business owner, it is important that you recognize that your business is likely to face a variety of legal disputes. Working closely with a commercial litigation attorney is essential. William B. Hanley is an experienced business litigation attorney who has been serving clients across California for over 45 years.
Bill dedicates his career to representing clients in business lawsuits and dispute resolutions. His comprehensive knowledge about the details and nuances of California's business laws makes it possible for him to handle even the most complex commercial litigation cases. He will provide you with detailed legal advice and represent your business with excellence. Also, he will handle all legal procedures on your behalf to protect you and your company’s interests.
Experienced Business Litigation Attorney in Irvine, California
If you find your company in the middle of a business dispute or lawsuit, do not hesitate to call Bill Hanley. He is available to discuss your case one-on-one and offer counsel on the right course of action. He represents businesses in Orange County, Los Angeles, San Diego, and Irvine, California. William B. Hanley, Attorney at Law, can fight on your side to help you seek the resolution your business deserves.