What is commercial litigation?
Commercial litigation is the area of law concerning matters between businesses and/or individuals including (but not limited to):
Antitrust, commodities, stocks, and tradesBreach of fiduciary dutyBusiness creation and dissolutionBusiness TortsBuy / Sell agreementCivil RICO (Racketeer Influenced and Corrupt Organization) actionsConsumer protection and fraudContract interferenceContract litigationCorporate management disputesCreditor / Debtor disputesDebt collection actionsEmployee-employer relationship disputesFranchise creations and disputesLibel, slander, and defamation of characterMerger & acquisition litigationMisinterpretation or breach of contractNon-Compete AgreementsPartnership disputesSecure transactionsTrade SecretsUniform Commercial Code (UCC) disputes
Because commercial litigation covers a wide array of legal matters, it can be difficult to list them all here. Do not hesitate to contact an attorney experienced in Business Law and Commercial Litigation with any questions.
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What is the difference between mediation, arbitration and litigation?
Litigation is when one party brings a lawsuit against another in a court of law. The ultimate end of the road is trial. Think of mediation as both parties meeting with a negotiator. The mediator (negotiator) will hear what both sides have to say, go over the facts, and attempt to find a solution that satisfies both parties. The mediator does not make a decision in favor of one party over another. If no mutually satisfactory agreement can be met, the parties can then continue on in litigation or commence litigation if it hasn’t already started. Arbitration occurs when both parties meet with a neutral party (the arbiter) who hears the facts and makes a ruling in favor of one side or the other. It is up to the parties to decide before-hand if the arbitration will be binding or non-binding. If it is binding, the parties will accept the arbiters decision. If it is non-binding, the parties can still continue in litigation or proceed to file suit if either side is unwilling to abide by the arbiters decision.
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