There are several benefits to owning and operating a business, but there are also several risks that may result in business litigation. A wide variety of circumstances and litigation issues, from property to contractual disputes, can arise in any size Florida business.
More complex issues often result from breaches of fiduciary duties, professional liability cases, commercial torts, and enforcement of non-compete clauses. These types of business challenges can often lead to business litigation. However, there are times you may be wondering if or when it is necessary to go down the business litigation path.
3 Times When Business Litigation May Be Necessary
Generally, when two organizations or an individual and a company have a legal dispute, litigation will likely ensue. However, that does not automatically mean that there are grounds for a lawsuit or that it is a valid legal dispute against a business.
The following are three examples of when you should consult an attorney in determining whether to proceed into litigation.
#1: Your Organization is Being Sued
Being sued is a less than ideal situation any individual or business wants to get involved in. It can be an intimidating experience whether or not there is merit to the case—especially if you run a small business. This is an instance when hiring an attorney who specializes in this type of litigation can be very beneficial.
#2: Breach of Contracts
A breach in a contract can result in substantial, long-lasting damages, which may mean you are entitled to compensation. However, these situations are often some of the most complex and involve many legal elements, which is why it is beneficial to hire an attorney to help you best handle your case and seek the compensation you deserve.
#3: Breaking Non-Compete Agreements
While many non-compete agreements can be challenging to enforce, they are enforceable in Florida so long as they are reasonable in protecting the business interests of the company, which can include geographic locations, duration of the agreement, and more.
Effectively Resolving Your Business Litigation Needs
Navigating the complexities of business litigation can be overwhelming, time-consuming, and challenging. Having an attorney who specializes in business law and disputes can lessen the burdens and demands imposed by the business litigation process.
If you are uncertain whether your situation will require litigation, you should seek the expertise of an attorney who specializes in business disputes. At Apfelbaum Law, we conduct extensive research and preparation ensuring our clients have the best representation and get the best resolution possible. Contact us today to learn how we can help you.