What is Commercial Litigation in Las Vegas?
Running a business raises the potential for many different types of disagreements and disputes. While the goal of every company should be to structure transactions and interactions in order to avoid the need for legal action, sometimes a business is sued or must file a lawsuit in order to protect its interests.
When a dispute arises out of business and commercial laws, the dispute is considered commercial litigation in Las Vegas. Commercial litigation can arise in many different situations and a company may initiate the lawsuit or may be named as a defendant. Whenever any business is involved in commercial litigation for any reason, it is imperative that the organization understand its legal rights and develop a strategic response to the case. A Las Vegas business litigation lawyer at Pintar Albiston LLP can provide legal representation to clients who are involved in commercial litigation.
What is Commercial Litigation in Las Vegas?
Businesses are governed by state and federal laws, which apply to virtually every aspect of operations. Commercial laws dictate how employers and employees must relate; what businesses can and cannot do with intellectual property; and what businesses are permitted to do in marketing. Publicly traded companies, or companies whose stock is sold on the open market, are subject to far more rules about financial disclosures and business operations than privately owned businesses. However, all organizations are expected to be honest in their dealings and to treat employees, customers, and suppliers fairly.
Whenever a company is accused of wrongdoing or believes it has been wronged, commercial litigation in Las Vegas may arise. Examples of the types of disputes that may be resolved in court and that are classified as commercial litigation include:
- Breach of contract claims with suppliers, distributors, and customers
- False advertising claims
- Trademark, copyright, and patent violations
- Securities fraud and insider trading allegations
- Allegations of an illegal monopoly or price fixing
- Employment discrimination cases
- Disputes over employment contracts, non-disclosure agreements, and non-compete agreements
- Creditor cases against debtors involving bad debts
- Corporate or business bankruptcy cases
These are just a few of many different examples of legal cases that can be classified as commercial litigation in Las Vegas. While commercial litigation involves the filing of a civil lawsuit in state or federal court, many cases do not end up being resolved by the decision of a judge or a jury. Instead, the parties involved in the dispute may negotiate an out-of-court settlement with the help of mediators and attorneys. Settlements can help to keep disputes out of the public eye and may result in better outcomes, especially when those involved in the disagreement want to maintain an ongoing business relationship.
Arbitration clauses in commercial contracts have also taken many cases outside of the field of commercial litigation. When an arbitration clause is included in a binding agreement, parties involved in a dispute will have no choice but to submit the case to an arbitrator.
The Las Vegas business law attorneys at Pintar Albiston, LLP have extensive experience with all methods of resolving commercial litigation and commercial disputes. Give us a call today for help negotiating a settlement or fighting your case in court.