Litigation Lawyers in Lewisville
Commercial Litigation in Lewisville, Texas is a legal dispute that originated from some type of business transaction, which ends up in court. Commercial litigation can arise between essentially any two entities, and in almost any situation.
In Lewisville, Texas, you should expect any form of commercial litigation to be expensive and confusing. While large and sophisticated companies are well-equipped to deal with civil litigation, and are typically the ones facing it, civil litigation in Lewisville, 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 Lewisville, Texas
Commercial Leases: Despite the rise of the Internet, and e-commerce, most businesses in Lewisville, 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 disputes, 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: If you're buying a house, office space, or a plot of land in Lewisville, Texas, 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 directly 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 Lewisville, Texas. Consequently, 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 unrealistic.
Business Loans: Typically, when a business gets started in Lewisville, 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 Lewisville, 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 Lewisville, Texas Commercial Litigation Lawyer Help?
Business owners in Lewisville, Texas are probably aware of the fact that commercial litigation can always be just around the corner, and just about any business deal that goes bad can trigger it. It's advisable, therefore, to take some simple steps to prepare for possibly civil litigation, so it will only be minimally disruptive to your business, should it happen in the future.
A Lewisville, Texas commercial litigation attorney can help you on that front. A knowledgeable attorney can advise you of your legal rights and obligations, to avoid litigation in the first place, and can provide you with the best possible chance of prevailing if commercial litigation does arise.