Lathrop Commercial Litigation Attorneys
In Lathrop, California, commercial litigation is any civil litigation that contains a business transaction. Commercial litigation can come up in virtually any business context.
Commercial litigation in Lathrop, California, can get extremely expensive, very quickly. Furthermore, it can also be incredibly difficult. 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 Lathrop, California.
Common Sources of Commercial Litigation in Lathrop, California
Commercial Leases: Most people who have businesses in Lathrop, 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 terms of the lease, such as by failing to pay rent, commercial litigation might be used, as a last resort, to resolve the disagreement.
Sales of Real Estate: Buying office space, a home, or an empty plot of land in Lathrop, California is not a simple process, and something can go wrong at any step along the way. For instance, there might be a title defect, or some type of physical flaw on the property, and the seller fails to disclose it to the buyer, this will almost certainly lead to the buyer demanding compensation, in the form of a full or partial refund, from the seller. If no agreement can be reached, commercial litigation is the likely result.
Sale of Goods: In Lathrop, California, the sale and purchase of personal property is also a frequent source of commercial litigation. Just like any business transaction, things can go wrong in the sale of goods. For example, the seller might deliver the wrong goods to the buyer, or deliver them late. Likewise, the buyer might fail to pay for the goods at the agreed time. Most of the time, business people are able to resolve these disputes without resorting to commercial litigation. In rare cases, however, they have to take their disagreement to court, and settle it that way.
Business Loans: When a business is started up in Lathrop, California, one of the first steps is normally to take out a loan from a bank. However, this is a difficult process, and there are many things that can go wrong. If the borrower fails to make the required payments, or the lender attempts to defraud the buyer, civil litigation is a strong possibility.
Breach of Contract: In Lathrop, California, contract law is simple in principle: when someone agrees to exchange value for value (a product in exchange for money, for example), 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 contract, 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 disagreement is likely, which might lead to commercial litigation.
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How Can a Lathrop, California Commercial Litigation Lawyer Help?
If you are operating a business in Lathrop, California, it's probably pretty clear that commercial litigation can arise from almost any business deal, and that a dispute leading to litigation rarely comes at a proper moment. So, it's necessary to be prepared for any reasonably likely commercial litigation scenario.
The best thing you can do on that front is retaining a reliable Lathrop, California commercial litigation attorney. Your attorney can provide you with advice and information that, if followed, will help you avoid litigation in the first place. And, if litigation becomes unavoidable, a brilliant lawyer can give you the best possible chance of obtaining a favorable result in court.