Commercial Disputes

COMMERCIAL DISPUTES

What is Commercial Dispute Litigation?

Commercial litigation is an umbrella term that covers a number of distinct business-related issues and disputes. For instance, contract disputes (a form of Commercial dispute) can arise in a number of situations — from a supplier’s failure to deliver goods to your company according to the terms of your agreement to a dispute with a former employee over a non-compete agreement or employment contract.

A breach of contract occurs when a party fails to perform. In a breach of contract action, the main remedies that the non-breaching party may pursue depend largely on the injury suffered. Some remedies include: damages aimed at putting the non-breaching party in the position that it would have been but for the breach, specific performance, cancellation and restitution and quasi-contractual remedies.

Tortious interference or the tort of Intentional Interference with economic relations, another example of commercial dispute, arises when one party intended to harm or injure another party’s economic interest by unlawful or illegal means.

Corporate disputes arises when businesses, including partnerships and corporations, can face a number of legal disputes that fall under the umbrella of commercial litigation. Perhaps a shareholder brings a suit alleging that a company’s officers or directors have breached their fiduciary duties or had a conflict of interest in a transaction that harmed the company. There could be a dispute among the partners or shareholders of a business.

There are many types of commercial litigation. In addition to the types of disputes listed above, franchise dispute, debt collection actions, consumer fraud matters and employment disputes also fall under the heading of commercial litigation. Regardless of the issue you or your company is facing, it is important to have experienced representation from a lawyer who can guide you through the issues and work toward a result that will protect your bottom line. A commercial litigation lawyer at ALG – ALEMI LAW GROUP in Toronto, can evaluate your situation and advise you on how best to proceed. Please call us at 416-447-7033 to book your legal consultation today.

 

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