Your South Carolina Business Litigation Attorney
Opening a business is what many think of as the start to the American Dream. However, business management requires extensive collaboration with multiple entities. The terms of these agreements are often thoroughly detailed in a written contract. If there is a misunderstanding or blatant disregard of a particular arrangement, it can lead to a financial loss. Litigation may become inevitable. Contact our South Carolina business litigation lawyer for help with your claim. We use a customer-centric approach that emphasizes open communication and direct access to your attorney.
How Do Business Litigation Lawyers Help?
A South Carolina corporate law attorney focuses on business relationships.
A business lawyer’s duties include:
- Developing and analyzing contracts
- Providing legal counsel
- Filing and responding to litigation
- Handling correspondence and mediation
- Managing trial functions
The U.S. Chamber of Commerce states that the average business spends $1.2 million every year on court fees. Small business owners will benefit from hiring a lawyer at inception to establish a strong legal foundation that minimizes legal costs in the future.
As businesses grow, they often keep a South Carolina business attorney on retainer. Retaining a lawyer refers to paying a lawyer in advance to manage costs.
Business Litigation Specialties
Business Torts
Business torts is a blanket term that refers to illegal business activity that leads to a loss to one or more parties.
Business torts include:
- Fraud – Misrepresentation of a service or product (including false advertising)
- Interference with contracts – Dissolution of a previous agreement due to the introduction of a new entity
- Unfair competition – Illegal activity hindering competing businesses
- Defamation – Publicly lying about a corporation to hurt sales
- Theft of trade secrets – Breaching nondisclosure agreements
- Breach of fiduciary duty – Failure to adhere to corporate financial obligations
Breach Of Contract
When multiple parties go into a business contract, there is an assumption that all parties involved will adhere to the stipulations spelled out in the contract. Unfortunately, this isn’t always the case. When one or multiple parties deviate from the terms of a contract, the affected parties may need to turn to small claims court to seek resolution. Businesses may have contracts with landlords, contractors, service providers, and customers.
Partnership And Shareholders Disputes
As companies grow, they may offer the opportunity for select individuals or the public to invest in the company in return for part ownership in the business. As the business grows, the owners and investors watch their investment grow. If the business fails, owners and investors may collectively lose their entire investment. The terms of the investment will dictate protections and responsibilities of all parties.
Trade Secrets And Restrictive Covenants
Many businesses rely on proprietary recipes for success. This may be a literal recipe, operational processes, or innovative technology. If this industry secret leaks to the competition, they may be able to mimic what once made a company stand out. Customers may decide to buy from the competition instead, leading to a loss of profits. Our business litigation lawyer can prevent loss from the inception of a business by drawing up nondisclosure agreements and applying for patents.
Contact Law Office Of Randy Helmly, LLC
Whether you are in the beginning stages of your American Dream or in the middle of a lawsuit, our business litigation lawyer in South Carolina can advocate on your behalf. Contact us at Helmly Law Firm to schedule a free consultation today.
