Commercial litigation attorneys in New Jersey can play a vital role in resolving business disputes. If you’re running a business in the Garden State, you may have already faced numerous business disputes in the past. Sometimes, you can work out these disputes with a quick phone call or email. In other situations, however, you may face major impasses with other organizations that seem impossible to resolve. This is when you might want to consider enlisting the help of a qualified commercial litigation attorney. But what exactly do these legal professionals do, and how can they help your company resolve disputes?
What is a Commercial Litigation Attorney?
A commercial litigation attorney helps resolve disputes between businesses. They work with their clients to determine the nature of the dispute and develop strategies to overcome these roadblocks. Commercial litigation attorneys in New Jersey offer a strong understanding of various commercial laws, including the Uniform Commercial Code (UCC), the New Jersey Consumer Fraud Act, and various others.
What Does a Commercial Litigation Attorney Do?
Commercial litigation attorneys often attempt to steer companies away from litigation as a first step, as this process can be time-consuming, stressful, and expensive. In addition, a trial can damage a company’s reputation since all details go on public record. Because of these concerns, commercial litigation attorneys often try to help companies resolve their disputes outside of court. This can take the form of negotiations behind closed doors, mediation, and other similar techniques.
Aside from helping organizations react to legal issues, commercial litigation attorneys can help companies avoid these problems from the very beginning. Shrewd entrepreneurs often work with commercial litigation attorneys to prevent future disputes by putting safeguards in place. These might include carefully-worded contracts, debt-repayment plans, and other agreements that commercial litigation attorneys can help businesses draft. Many contracts do not properly account for all eventualities, and disputes may arise because contracts fail to outline the correct course of action when something unexpected happens. Commercial litigation attorneys can help organizations plan for the unexpected and draft contracts that cover all the bases.
If disputes cannot be resolved through negotiations, companies may need to go to trial. When this occurs, commercial litigation attorneys represent companies in court. They fight for their clients’ best interests by making opening statements, closing statements, presenting evidence, calling witnesses, and so on.
Examples of Commercial Litigation in New Jersey
Breach of contract
Breach of contract is one of the most common examples of commercial litigation. As the name implies, this type of litigation involves contracts that have been violated in some way. Companies may sign all kinds of contracts, so this area can involve numerous sub-categories.
Real estate is one area where contracts are especially important. For example, a developer might sign a contract to construct a business within a certain time frame and budget. The building may also be planned to certain specifications. If the developer fails to deliver on any of these promises, this may constitute a breach of contract.
Companies also rely on contracts when facilitating the sale of entire businesses. For example, one company might purchase a smaller business – and the details of this acquisition may be outlined in a contract. If the business being acquired fails to hand over certain assets outlined in the contract (such as intellectual property or equipment), this may lead to a breach of contract claim.
Companies may be surprised to learn how easy it is to be accused of fraud in New Jersey. This is due to the high level of protection New Jersey offers its consumers against fraudulent actions. Commercial litigation involving fraud may involve cybercrimes, franchise disputes, alleged investment fraud (including Ponzi schemes), and much more.
In this situation, commercial litigation attorneys can defend companies against baseless accusations of fraud. They may also represent plaintiffs – including both individuals and other companies – who have been victimized by legitimate cases of fraud.
Where Can I Find an Experienced Commercial Litigation Attorney in New Jersey?
If you have been searching for an experienced commercial litigation attorney in New Jersey, look no further than Snellings Law, LLC. Over the years, we have assisted numerous organizations and businesses with various commercial disputes. If you are serious about resolving your disputes, we are here to help. During a consultation, we can assess your unique situation and recommend the best course of legal action. Reach out today to get started with an effective action plan.