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Business Litigation in Virginia and Maryland
When business disputes, whether between two businesses or between a business and a private individual, cannot be resolved through negotiation, the commencement of business litigation by filing suit is sometimes the only remaining remedy. Examples of business litigation include the following:
-contractual disputes between businesses, between a business and a customer, or between a business and its employee or contractor;
-a breach of fiduciary duty between business partners or shareholders in closely held corporations. If one member violates his obligation to operate in good faith and loyalty then other partners can recover with business litigation;
-litigation over the infringement of a patent, trademark or copyright; and
-wrongful denial of a commercial insurance claim. If a commercial insurance company undervalues or denies a fair claim then a business can sue to recover the amount to which it is entitled in business litigation.
A good business litigation attorney can be invaluable in protecting your rights and your company’s business interests.
The costs of litigation and the possibility of paying a judgment can threaten the viability of any business. At the same time, any business can find itself unpaid for work on a contract, under-served by a contractor, or damaged by faulty work to such an extent that litigation is the only alternative.
The experienced Virginia and Maryland business litigation lawyers of the SRIS Law Group, P.C. stand ready to institute and pursue lawsuits on your company’s behalf, or to defend your company against suit by another. If your company needs assistance in Federal or State court litigation, from commencing suit to conducting discovery and depositions, filing and arguing motions, to civil jury trials, the SRIS Law Group, P.C. will assist with zealous advocacy to protect your company’s rights under the law.
The Virginia & Maryland business litigation attorneys of the SRIS Law Group, P.C. are all experienced trial lawyers who will prepare to take your case to trial if necessary.
The Virginia & Maryland business litigation attorneys at the SRIS Law Group, P.C. are skilled negotiators knowledgeable in the law applicable to business litigation. They will work to achieve an agreed-upon settlement before trial for you wherever a favorable outcome is possible.
The SRIS Law Group, P.C. is particularly effective at proactively assisting its business clients. One effective way to prevail in litigation is to draft and use in the ordinary course of business certain standard terms and conditions of service that assure a successful outcome or keep you out of litigation entirely. Based on their extensive experience in drafting terms and conditions, reviewing contracts, and in litigating commercial disputes, the Virginia & Maryland business litigation attorneys of the SRIS Law Group, P.C. can assist your company in drafting business terms, and can review documents which are presented to you for signature before you sign away your company’s rights.
VIRGINIA CASE FOR BUSINESS LITIGATION
Facts:
In a previous action, plaintiffs, who held a minority interest in a cellular telephone company, filed two lawsuits against defendant, the managing general partner, alleging that it was guilty of improper and fraudulent acts. Those suits were settled, and plaintiffs assigned their interests to defendant and signed a general release. Subsequently, plaintiffs filed another action against defendant, contending that the release should be set aside, alleging that defendant’s failure to disclose the fact that it was negotiating to sell plaintiffs’ interest for a higher price during settlement negotiations was fraudulent.
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MARYLAND CASE FOR BUSINESS LITIGATION
Facts:
Plaintiff, a Delaware limited partnership (LP), filed suit against defendant, a Maryland corporation (MC) and some of its officers and directors. The LP owned public preferred stock in the MC. It claimed that it was owed dividends on its stock, and asserted claims that management and control of the MC were directed towards benefiting the common stock holders at the expense of the preferred stock holders.
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