Business Litigation Fairfax, VA
During business litigation Fairfax, VA one business, typically a smaller one, has sued another business to protect its legal rights. This happens when the smaller business alleges that the other business infringed on its legal rights and seeks financial damages as compensation. Typically, it’s not the smaller business that files suit; it’s their attorneys who do so on their behalf. Understanding what happens during business litigation can help you choose the right attorney to represent you in this type of lawsuit; contact an attorney at Mahdavi, Bacon, Halfhill & Young, PLLC for help today!
A business litigation lawyer can help you enforce contracts. This means that if you have a contract with another party and they breach the contract, the lawyer can help you take legal action to get what you are owed. The lawyer can also help you draft contracts so that they are airtight and protect your interests. They may also be able to negotiate terms of contracts.
Collect on Debts Owed
A lawyer working in Fairfax business litigation can help you collect on debts that are owed to your company. This process can be started by sending a demand letter to the debtor, which outlines the amount owed and what actions will be taken if the debt is not paid. If the debtor does not respond or pay the debt, then you can file a lawsuit. Once the lawsuit is filed, the court will issue a judgment in your favor, and you can then begin to collect on the debt through wage garnishment or asset seizure.
A business litigation lawyer can help you settle disputes between yourself and another party. This may include negotiating a settlement or going to trial. A lawyer can also help you file or defend against a lawsuit. If you are being sued, an attorney can help you understand the charges against you and develop a defense. If you are suing someone, a lawyer can help you build your case and file the necessary paperwork. Plus, they can also help with other legal matters related to your business, such as drafting contracts or advising on compliance with regulations.
Sue an Uncooperative Party
An attorney can help you if you need to sue an uncooperative party. This may be someone who has breached a contract with you, or who has otherwise caused you harm. The lawyer will review your case and determine the best course of action. They will then file the necessary paperwork and represent you in court.
Protect Intellectual Property Rights
A business lawyer can help protect your company’s intellectual property rights. This includes patents, trademarks, and copyrights. They can help you register your patents and trademarks and enforce your copyrights. They can also help you negotiate licensing agreements and resolve disputes. One way that businesses lose their patent rights is through prior art—that is, work done by others before the patent was filed. For example, if someone were to publish a similar invention or device before the inventor filed for a patent on theirs, then it would be too late to file for one without this earlier work being considered prior art and thus invalidating the original inventor’s patent application. The business attorney could assist in identifying such prior art so that it does not disqualify the application for an otherwise valid patent.
If you are in need of Fairfax business litigation, contact a lawyer at Mahdavi, Bacon, Halfhill & Young, PLLC for help today!
Dealing with Business Partnership Disputes
A Fairfax, VA business litigation lawyer knows that many people who go into business for themselves find it beneficial to have a partner rather than going at it solo. But just like any “couple,” disputes between business partners can arise at any time. These disputes can range from disagreements about a company’s operations to claims that a partner has taken actions that have caused harm to other partners or to the business as a whole. It is important for business owners to understand what potential disputes may arise and how to go about resolving the issues if they do. The following are some of the more common partnership disputes the legal team at Mahdavi, Bacon, Halfhill & Young, PLLC has handled.
Breach of Contract
A partner may be accused of violating the terms of a partnership agreement, such as failing to meet certain financial obligations, acting outside the scope of their responsibilities, or making certain types of decisions without consulting with other partners. In order to avoid any type of breach of contract issues, it is critical to have a solid partnership agreement in place. A partnership agreement will detail the methods used to resolve these types of disputes, such as requiring partners to participate in mediation.
Breach of Fiduciary Duty
Partners have an obligation to act loyally, honestly, and fairly toward the business. A partner may be accused of violating these duties if they act against the interests of the company. Examples of breaches of fiduciary duty include negligent management of business operations, concealing information that results in financial losses for the business, insider trading, or using business assets for personal financial gain. Any one of these issues can result in business litigation in Fairfax.
Claims of Oppression
A majority partner or shareholder may be accused of acting in a way that causes harm to other partners, such as failing to allocate profits properly, paying excessive and unfair compensation to majority partners, refusing to allow minority partners to participate in business management or decision-making, or failing to provide partners with the required financial information.
Deadlocks on Major Business Decisions
Partners may encounter disagreements about issues such as plans for expansion of the business or investment in certain types of assets. If these issues cannot be resolved, a company may not be able to move forward when implementing business plans and strategies.
Resolving Partnership Disputes
In some cases, partners may be able to resolve disputes through negotiation, mediation, or arbitration. However, when disputes cannot be resolved in a way that is satisfactory for all parties, one or more partners may choose to leave the business, and the other partner or partners may perform a buyout. Buyouts may be completed before litigating business disputes, or a buyout may be ordered during litigation.
Contact Our Firm Today
If you are having partnership disputes in your business, you need a skilled Fairfax, business litigation lawyer from Mahdavi, Bacon, Halfhill & Young, PLLC representing and protecting your best interests. Call our office today to schedule a confidential consultation and find out what legal options you may have.