Business Disputes Legal Claims
Business Disputes Lawsuits
What are business disputes?
Business disputes generally refer to conflict within a company, or between companies, and can occur in a variety of situations.
Business disputes may arise when a fiduciary, or person in a position of confidence who is obligated to act responsibly with respect to another's money or property, breaches this duty. Business disputes can also be caused by a bad faith action, which involves intent to deceive and willful or dishonest conduct in a situation where a party owes a financial, or other duty, to a third party. Violations of good faith can also result in business disputes. Good faith requires people to deal honestly with each other and not seek to defraud or gain unfair advantage of another party.
Business disputes may be conflicts between companies and may range from violations of fair dealing laws to contractual violations. A breach of contract is the failure to perform what one promised to do in a contract and may consequently cause business disputes. Proof of breach of contract is necessary in order to file suit for damages.
Business disputes can occur within a company in areas such as employee relations and violations of employee handbook regulations. Forms of harassment and discrimination may also be considered business disputes. Violations of the Americans with Disabilities Act may be the subject of business disputes as well.
The statute of limitations for cases resulting from business disputes may vary from case to case, and state to state, so it is highly recommended that you retain legal counsel immediately.