High Point Commercial Litigation Attorneys

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Litigation Lawyers in High Point

In High Point, North Carolina, commercial litigation is any legal disagreement that involves some type of business transaction. Commercial litigation can be between two businesses, a business and an individual, or two individuals. It normally comes up when everyone involved least expects it, and it can arise from just about any issue.

Commercial litigation in High Point, North Carolina is often very intricate and expensive, and while it often involves two businesses in a legal dispute, it can also come up between ordinary individuals, who never thought they'd get involved in High Point, North Carolina commercial litigation.

Common Sources of Commercial Litigation in High Point, North Carolina

Commercial Leases: In High Point, North Carolina, the vast majority of small businesses need some physical location from which to operate. Most of the time, business owners rent this space from a third party, and have a written agreement laying out these rental terms. This contract is called a "commercial lease." These contracts are occasionally breached by one, or both, of the parties involved. When this occurs, commercial litigation is typically the result.

Sales of Real Estate: Whether you're buying a house, an office building, or a vacant lot in High Point, North Carolina, 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: It's far more frequent for individuals to buy personal property, rather than real estate, in High Point, North Carolina. And, like any transaction, the sale of goods can lead to civil litigation if one of the parties feels that the other did not perform under the agreed-upon terms. For instance, if a buyer fails to pay the agreed price for the goods, or the seller delivers a late, defective, or incomplete order, there is going to be a disagreement. In some cases, these disagreements lead to commercial litigation.

Business Loans: When someone starts a small business in High Point, North Carolina, they normally don't have the money to fund its start-up and first few years of operation. So, the initial step is often getting a loan from a bank. However, if the business fails, and the borrower can't make payments, or the lender engages in some type of unlawful conduct, the aggrieved party is going to seek redress. In some cases, the parties will have to resort to civil litigation to resolve their disagreement.

Breach of Contract: In High Point, North Carolina, 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 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.

How Can a High Point, North Carolina Commercial Litigation Lawyer Help?

If you have a business in High Point, North Carolina, it should by now be evident that there are several different situations from which commercial litigation can arise, and it rarely happens when it's expected. So, it's always smart to have a plan in place (and money or insurance set aside, if possible) to resolve a commercial litigation issue, should it arise.

A High Point, North Carolina commercial litigation attorney can help you on that front. A seasoned attorney can advise you of your legal options and commitments, to avoid litigation in the first place, and can provide you with the best possible chance of prevailing if commercial litigation does arise.

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Life in High Point

The City of High Point extends into Guilford, Davidson, Randolph, and Forsyth Counties and plays host to 102,000 North Carolina residents making it the eighth largest municipality in the state. You probably know High Point as the "Furniture and Hosiery Capital of the World" due to it's many manufacturing plants that churn out textiles, busses and of course furniture. The population nearly doubles each time the High Point Market opens with over 100,000 vendors and buyers from around the world flocking to the largest furnishings trade show in the world covering 11.5 million square feet.

High Point also plays host to a number of other interesting sites that attract visitors and citizens alike. The Angela Peterson Doll and Miniature Museum is one of the south's largest doll and miniature museums. The Bernice Bienenstock Furniture Library retains the world's largest collection of books on the furniture and interior design, a Mecca for industry professionals. There are a number of lawyers in the town too. High Point lawyers are well versed in a variety of cases both local and statewide. The city is not all business, it also has a number of outstanding parks and recreational areas like High Point City Lake Park which is a recreation and amusement park offering boating, picnic areas, fishing, miniature gold, a water park, and the largest outdoor swimming pool in North Carolina.   

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