Greenwood Commercial Litigation Attorneys

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Litigation Lawyers in Greenwood

Commercial Litigation in Greenwood, South Carolina is a legal dispute that originated from some type of business transaction, which ends up in court. Commercial litigation can arise between virtually any two entities, and in almost any situation.

In Greenwood, South Carolina commercial litigation can be very complicated and costly. While it typically involves two business in a legal dispute with one another, it might also arise between ordinary individuals who were engaged in an informal business transaction (such as someone selling a car to her neighbor), and never would have guessed that they might be thrown into a commercial litigation case in Greenwood, South Carolina.

Common Sources of Commercial Litigation in Greenwood, South Carolina

Commercial Leases: In Greenwood, South 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 sometimes breached by one, or both, of the parties involved. When this happens, commercial litigation is often the result.

Sales of Real Estate: If you're buying a house, office space, or a plot of land in Greenwood, South Carolina, you're probably aware of the fact that something can go wrong at any stage of the process. Whether the seller's title is defective (they don't actually have the ownership interest that they claim to be conveying to you), or there's a physical defect on the property that wasn't disclosed, commercial litigation might be the only option to resolve the disputes that such problems are likely to create.

Sale of Goods: Buying and selling personal property is far more common than buying and selling real estate in Greenwood, South Carolina. Therefore, it's also more common for commercial litigation to arise out of disputes concerning the sale or purchase of goods, as opposed to land. Some common problems that can come up in the sale of goods are a seller's failure to deliver the right product on time, or the buyer failing to pay the price that they agreed on. Most of the time, reasonable, professional people can settle these disagreements amongst themselves. However, in relatively rare cases, they have to resort to commercial litigation when a negotiated settlement is impossible.

Business Loans: In Greenwood, South Carolina, it's common for new businesses to require a loan from a bank to get started. This can, occasionally, lead to disputes between the borrower and lender. For example, the borrower might habitually fail to make payments on time. This will lead to the lender trying to collect, and possibly resorting to commercial litigation.

Breach of Contract: Whenever a business in Greenwood, South Carolina agrees to provide a product or service in exchange for something of value (usually money), a legally-binding agreement, called a "contract," is formed. If either party fails to perform their end of the bargain, they have breached the contract, and commercial litigation is a possible way to settle the dispute.

How Can a Greenwood, South Carolina Commercial Litigation Lawyer Help?

If you have a business in Greenwood, South Carolina, it should by now be obvious that there are many 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.

And the best thing you can do on that front is to take steps to minimize the chances of disputes leading to commercial litigation in the first place. Commercial lawyers in Greenwood, South Carolina can be very helpful with that. By advising you of your legal rights and obligations, your attorney can help you avoid making the mistakes that lead to legal disputes in the first place.

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Life in Greenwood

Greenwood is a city in Greenwood County, South Carolina. It is the county seat of Greenwood County, and has a population of about 23,000 people. Greenwood, South Carolina is home to the annual Festival of Flowers, which happens in early June. The festival is sponsored by a local company, Park Seed Corporation, which is one of the largest gardening concerns in the world. The festival shows of the abundant flowers of the area, as well as flower arrangements. Furthermore, it features jazz concerts, airplane flights for children, food from around the globe, a dog show, and a classic car show.

In July, Greenwood hosts the Festival of Discovery, which focuses on the folklore, culture, and traditions of the region, and features cookoffs, music, and other events.

Greenwood is home to several large corporations, which are major employers for the area, including Fujifilm, Milliken Textiles, andmajor offices of PepsiCo.

Given the diversity of the business community in Greenwood, South Carolina, it should be apparent that there are plenty of skilled and sophisticated Greenwood, South Carolina attorneys who can handle any legal problem that you might be facing.

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