No business has a particular desire to file a lawsuit, or to be named as a defendant in one. But these claims are often necessary to settle legal issues when mediation and other alternative dispute resolution methods fail. The end goal of litigation is to seek monetary damages and/or the performance of...
Examples of Disputes That Lead to Business Litigation
No business wants to be embroiled in a lawsuit. The time, expense, and hassle of litigation can divert resources and focus away from a company’s growth and profitability. Nonetheless, understanding some of the most common disputes that open the door to a lawsuit can help a business prepare accordingly.
Discovery Process in Business Litigation
If you’re involved in commercial litigation in Manhattan, your case will proceed through several phases. One crucial phase of your case is discovery, where your legal team and the other parties will exchange evidence and file motions to shape a potential court battle. This phase can make or break your case,...
Can I Force My Business Partner to Sell?
Business partnerships offer a chance for two or more individuals to pool their talents and resources to launch a successful enterprise. However, not all partnerships live up to their expectations. For one reason or another, there may come a time when one or more partners wish for another to sell their interest...
How to Prepare for a Deposition in Business Litigation Cases
Being deposed in a business lawsuit is a common practice. As part of discovery, depositions are designed to (among other purposes) obtain information, find out how a witness will testify in court, and gain a better understanding of a party’s trial theory. If you are a party to litigation, you can expect...
Why Your Business Needs Legal Opinion Letters: A Guide for New York Entrepreneurs
Do you have questions about your company’s legal risks or want to understand the legal implications of a proposed transaction? If so, a legal opinion letter can provide the information and clarity you need to make informed decisions.
What Is a Legal Opinion Letter?A...
The Critical Consequences of Failing to Renew Your Business License or Permit
Manhattan is in many ways synonymous with business. Companies large and small have made New York their home and have enjoyed success as they claim their portion of the American dream. However, doing business does require compliance with a number of important rules and regulations, and companies overlook their responsibilities at their...
Intellectual Property and Contractual Disputes in Manhattan’s Tech Sector
Business in Manhattan’s tech sector takes place under the protection of various forms of intellectual property (IP) rights, such as patents, copyrights, trademarks, and trade secrets. Furthermore, companies and individuals working in the tech sector may enter contractual agreements to govern the use of IP. However, given the competitive nature of...
Uniform Commercial Code – What Is It?
The Uniform Commercial Code (UCC) is a comprehensive set of laws and standards that are designed to provide a legal framework for commercial transactions in the United States. Sometimes called the backbone of American commerce, the UCC has been adopted in some form by every state and allows businesses to conduct their...
What Is a Complex Business Dispute?
A complex business dispute typically involves more than two parties, high stakes, large sums of money, or some combination of these factors. The more parties are involved in litigation, the more challenging it is to manage the evidence and work out an acceptable solution for all involved.
What...