Daly City Commercial Litigation Attorneys
In Daly City, California, commercial litigation is any civil litigation that includes a business transaction. Commercial litigation can come up in basically any business context.
Commercial litigation in Daly City, California, can get quite expensive, very quickly. Furthermore, it can also be incredibly complicated. It often involves two sophisticated business entities, but it can also arise between two ordinary individuals who never would have imagined that they'd get caught up in commercial litigation in Daly City, California.
Common Sources of Commercial Litigation in Daly City, California
Commercial Leases: Most individuals who have businesses in Daly City, California need a physical location from which to run their operation. Often, the business owner has to rent some office or commercial space from somebody who owns a building or plot of land. The terms of these rentals are put in writing in commercial leases. Like any contract, when one party violates one of the clauses of the lease, such as by failing to pay rent, commercial litigation might be used, as a last resort, to resolve the conflict.
Sales of Real Estate: Whether you're buying a house, an office building, or a vacant lot in Daly City, California, there are plenty of things that can go awry in the process. For instance, the seller might fail to disclose an easement on the property, or a physical defect, which you only discover after the sale is final. Or, if you're the seller, the buyer might fail to pay on time. Such mishaps are almost sure to cause a dispute, and if the parties cannot resolve it amongst themselves, commercial litigation might be the only choice.
Sale of Goods: The sale of personal property can also lead to commercial litigation in Daly City, California. This most frequently comes up when a business is buying large volumes of products from a supplier, and the supplier fails to deliver them on time, or delivers the wrong goods, or the wrong quantity of goods. Normally, if the parties cannot resolve the problem between themselves, commercial litigation will result.
Business Loans: Starting a business in Daly City, California, or anywhere else, is costly. Typically, when somebody starts a business, they have to take out a loan from a bank. However, if the lender engages in some type of improper activity (such as trying to collect payment in a manner not permitted in the loan agreement), or the borrower doesn't make the payments on time, commercial litigation is likely to result.
Breach of Contract: In Daly City, California, contract law is simple in principle: when someone agrees to exchange value for value (a product in exchange for money, for instance), they have entered into a contract, which is a legally-binding agreement. A contract requires at least two parties, and if either of them fails to do what is required of them under the arrangement, they are said to be in "breach" of the contract. If they do not remedy the situation, or the other party does not waive the requirement, a conflict is likely, which might lead to commercial litigation.
Find a Daly City Lawyer that Specializes in Your Area of Need:
How Can a Daly City, California Commercial Litigation Lawyer Help?
If you are operating a business in Daly City, California, it's likely pretty clear that commercial litigation can arise from almost any business deal, and that a dispute leading to litigation rarely comes at a fitting moment. So, it's essential to be prepared for any reasonably likely commercial litigation scenario.
The best thing you can do on that front is retaining a knowledgeable Daly City, California commercial litigation attorney. Your attorney can provide you with assistance and information that, if followed, will help you avoid litigation in the first place. And, if litigation becomes unavoidable, a reliable lawyer can give you the best possible chance of obtaining a favorable result in court.