Litigation Lawyers in Katy
Commercial Litigation in Katy, Texas is a legal dispute that originated from some type of business transaction, which ends up in court. Commercial litigation can arise between basically any two entities, and in almost any situation.
In Katy, Texas, you should expect any form of commercial litigation to be expensive and complicated. While large and sophisticated companies are well-equipped to deal with civil litigation, and are frequently the ones facing it, civil litigation in Katy, Texas can also arise between those who are not nearly as accustomed to handling it, such as individuals and small businesses.
Common Sources of Commercial Litigation in Katy, Texas
Commercial Leases: Despite the rise of the Internet, and e-commerce, most businesses in Katy, Texas still need a physical location to operate. This space is typically rented from another party, under terms laid out in a commercial lease. These leases can lead to disagreements, if one party breaks them, such as by failing to pay rent on time, failure to provide access to the property under the agreed-upon terms, etc.
Sales of Real Estate: When buying real estate in Katy, Texas, a lot of things can go wrong, possibly making commercial litigation crucial. In these cases, things like title defects (when the seller doesn't directly own the land or house that they're selling), physical defects in the property that weren't disclosed to the buyer, or a buyer's failure to tender payment on time, among other things, can all lead to commercial litigation.
Sale of Goods: The sale or purchase of personal property is another prevalent source of commercial litigation in Katy, Texas. For instance, a restaurant owner might order tomatoes from a supplier, and fail to pay for them. The owner might argue that the tomatoes were rotten and unusable when they arrived, and he therefore does not have to pay. Obviously, if the two parties can't resolve this conflict somehow, they will have 2 options: simply let it go, and likely never do business with one another again, or go to court, and resolve it through civil litigation.
Business Loans: Frequently, when a business gets started in Katy, Texas, it has to take out a loan from a financial institution. If the business fails to make timely payments on the loan, it's possible that litigation will result.
Breach of Contract: When a Katy, Texas business agrees to provide something of value (a product or service) in exchange for something else of value (typically money), a contract is formed. A contract, put simply, is any agreement that the law will enforce. Contracts can be very simple, or incredibly intricate. In either case, if one party fails to perform under the terms of the contract, commercial litigation is one way to resolve the ensuing conflict.
How Can a Katy, Texas Commercial Litigation Lawyer Help?
In Katy, Texas, typically business owners know that commercial litigation can be caused by almost any business mishap, and the prospect of litigation can rear its head with almost no warning. They also know that it's a smart idea to be ready for this possibility, to ensure that the interruptions to their business operations that it will cause, as well as its costs, are kept to a minimum.
And the best thing you can do on that front is to take steps to minimize the chances of disagreements leading to commercial litigation in the first place. Commercial lawyers in Katy, Texas can be very advantageous with that. By advising you of your legal rights and obligations, your attorney can help you avoid making the mistakes that lead to legal disagreements in the first place.