Does corporate litigation involve accounting issues?
Most business disputes and corporate litigation involves accounting issues. Typically this will involve the breach of fiduciary duty fraud and breach of contracts. It will also include the diversion of money or assets from the corporation that will need to be accounted for. The accounting takes place during the initial phase of the litigation and will involve forensic accountants as expert witnesses to investigate and explain where the money has been going.
Does corporate litigation involve breach of contract?
Business litigation lawsuits can be emotional. Even the most intelligent and sensible businessman gets upset and offended by a breach of contract. The issues that really concern many business partners are usually the acts of disloyalty. It is very crucial in business litigation to dismiss the personal and emotional components. Personal and emotional issues can distort the best strategy and the most reasonable resolution. Listen to an experienced attorney who is looking at the business dispute from a detached and objective viewpoint.
Is your lawyer experienced in corporate litigation?
Every Business litigation attorneys must establish the following elements: a misrepresentation (such as a false representation, concealment or non-disclosure), knowledge of falsity, intent to defraud or induce reliance, justifiable reliance, and resulting damage. They must also determine the proper measure of damages in any type of commercial litigation. Whether the lawsuit centers on a breach of contract, a business tort, one measure of damages is lost profits. Miami sets forth various rules for establishing a claim for lost profits in business litigation.
A specialized body of law has introduced attorneys dealing with corporate shareholder disputes. Professional, adept lawyers will put a value on your business that is commensurate with its level of development and potential. However, if you choose the wrong attorneys, you will be left with a tangled web of problems to unravel. The wrong adviser may not be able to procure the funds your business needs to leap to the next level, or they might fail to bring in the right investors.
They will formulate a strategy from the beginning so that in the end your time and money are often better spent on building your business or investing in new projects, not litigating old disagreements.
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