Representing Businesses in Commercial Litigation
In today’s world, a business may encounter a wide range of issues as they work to grow and succeed. Whether these problems are internal or external, hiring professional legal representation is sometimes necessary to help an organization overcome obstacles and prosper.
Commercial law and litigation deals with business transactions and related disputes. When a conflict arises within your organization or with another company, it is prudent to seek legal guidance right away. When other businesses or individuals are trying to take advantage of you, our commercial lawyers can help you navigate the complex laws and regulations that apply to your specific situation. We are prepared to fight breaches of contract, bring claims against those who breach legal agreements, and protect businesses from the illegal acts of officers, directors, and partnerships, among other invaluable duties. No matter the scope or nature of the issues your company is facing, our team at Potts Law Firm can provide the dependable, responsive advocacy you deserve.
To learn more about what we can do for your business, schedule a free initial consultation by calling (888) 420-1299 or contacting us online. Same-day appointments are available, and our firm offers services in English and Spanish.
What Does Commercial Litigation Include?
“Commercial litigation” is a broad term that covers just about every type of conflict related to business law, including breaches of contract, partnership disputes, breach of fiduciary claims by corporations, shareholder derivative actions, deceptive trade practices, and unfair competition actions. When a business is wronged, legal action – specifically, a lawsuit – may be necessary to recover money damages and other legal remedies.
Specifically, we frequently assist clients with matters involving:
- Breaches of contract
- Breaches of fiduciary duty
- Business disputes
- COVID-19 and business insurance
- DTPA consumer law
- Qui tam whistleblower litigation
- Real estate disputes
Commercial law encompasses more than just litigation against other businesses and entities, however. There are a variety of internal issues that may call for legal attention.
Our commercial attorneys are ready to assist you with:
- Forming a new business entity
- Drafting operating agreements and other contracts
- Filing for and enforcing trademarks, copyrights, and patents
- Protecting trade secrets
- Evaluating and pursuing merger and acquisition deals
- Taking steps to proactively avoid the possibility of litigation
Do not wait to get legal advice if your business has been wronged or threatened with litigation. Call (888) 420-1299 or contact us online to explore your legal options today.
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I had a wonderful experience with this law firm.- Stephen P.
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The Unique Challenges of Commercial Law
No business should accept unlawful activity that harms or threatens them. Commercial conflicts are frequently high-stakes matters whose outcomes involve more than direct financial consequences. Internal and external commercial disputes can dramatically impact a company’s professional, public-facing reputation, its ability to reliably do business, its ability to retain talent, and even day-to-day operations.
When your business discovers harmful illegal acts, you should immediately discuss your concerns with a seasoned legal professional to understand your options. Litigation may be necessary to enforce your business’s rights, and, given the complexity of the laws that are used to adjudicate these cases, you should not go to court alone, especially if you are taking on a larger corporation.
Conversely, if you or your organization is accused of wrongdoing and are threatened with litigation, you will need a legal advocate to develop and implement a comprehensive defense strategy. We represent both plaintiffs and defendants in all types of commercial disputes.
Frequently asked questions
Q:When Working under a Contingency Agreement, Will I Owe Money If We Do Not Win?
Generally, no. If we agree to take your case on a contingency basis, you will not pay us any fees unless we prevail or are able to negotiate an acceptable settlement.
Q:What is a “Contingency Agreement?”
When a law firm works under a contingency agreement, they agree to work on a case and advance the expenses of litigation before receiving any initial payment from the client. The client only owes legal fees if the firm recovers money damages. This allows businesses to access quality legal representation they might not otherwise be able to afford. Law firms generally agree to these arrangements when they are passionate about what they do and are confident they can win.
Q:Do I Need an Attorney to Draft Contracts for My New Business?
While there is no legal requirement that contracts be written by a lawyer, it is generally a good idea to have an attorney assist you with any binding agreement. Contracts affect your rights and could open you up to significant liability (and other unintended consequences) if you do not fully understand its provisions. We can draft, negotiate, review, and finalize contracts of all kinds and will ensure they are consistent with your goals.
Q:Do I Need a Formal Business Entity? If So, What Kind Do I Need?
Whether you should consider creating a formal business entity will depend on your individual circumstances. Several entity types are available, and some – including sole proprietorships and general partnerships – do not necessarily require registration in many municipalities. Others, including corporations, limited partnerships, and limited liability companies (LLCs), do require registration with the state and other formalities. Each entity type has distinct advantages related to liability, taxation, and organization that should be carefully considered. If you are not sure which entity type is right for your new business, we can review the pros and cons of each option.
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Fraudulent Transfers $2.42 Million
T. “Micah” Dortch and Christopher D. Lindstrom represented a Bankruptcy Trustee, resulting in a combined $2.42 million being recovered for creditors of ATP Oil & Gas Company. The claims related to fraudulent transfers of overriding royalty interests in oil & gas properties made by ATP in a failed attempt to liquidate the assets of the company.