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5 Things You Need To Know About Commercial Litigation

/04 Aug 2022
/By admin

Commercial litigation may seem like it’s only relevant to businesses, but that’s far from the truth. Even if you’re not an entrepreneur, you may find yourself on the wrong end of a lawsuit at some point in your life — in fact, every year, millions of people are involved in some type of commercial litigation. Whether it’s an accident that goes too far, or some type of property dispute, commercial litigation can be an expensive and stressful experience that may be beyond your legal expertise. Our friends at Mahdavi, Bacon, Halfhill & Young, PLLC have put together some things you should know about commercial litigation Manassas, VA.

1) What is Commercial Litigation?

Commercial litigation is a type of civil lawsuit that arises out of disputes between businesses. These disputes can involve contracts, tortious interference, breach of fiduciary duty, and many other issues.  Tortious interference with contract or prospective economic advantage occurs when one party intentionally causes harm to the contractual relationship or potential business opportunity of another party. The elements required for this type of claim are: (1) the existence of a valid contract; (2) knowledge by the interfering party that there was such contract; (3) intentional interference with either the performance or benefit under the contract; and (4) damages caused by such act.

2) What Are The Legal Issues In Commercial Litigation?

The legal issues in commercial litigation are numerous and complex. In a nutshell, they involve breach of contract, fraud, misrepresentation, and other business torts. But that’s just the beginning. To fully understand the legal issues at play in your case, you’ll need to consult with an experienced commercial litigation attorney.

Due to the  numerous issues, the process of commercial litigation can be long and drawn out, or it can be relatively quick and painless. It all depends on the specific facts of your case and the willingness of the parties involved to negotiate a resolution. If you’re headed for trial, be prepared for a lengthy and costly process.

3) How Much Does it Cost to Sue Another Business?

The cost of commercial litigation can be significant. If you are the plaintiff, you will likely need to pay an attorney’s fee, as well as any filing fees associated with your case. If you are the defendant, you may also be responsible for these costs. In addition, commercial litigation can be time-consuming, so you should be prepared to devote a significant amount of time and resources to your case.

4) Who Sues A Business in Virginia?

In Virginia, businesses can be sued by consumers, other businesses, and even the government. The most common type of lawsuit filed against a business is a breach of contract claim, but businesses can also be sued for things like fraud, negligence, and wrongful termination. If you’re a business owner in Virginia, it’s important to know your rights and have a plan in place in case you’re ever sued.

5) Where Do We Sue When It Comes To Commercial Cases?

If you have a commercial litigation case, you will likely sue in state court. The reason for this is that most contract disputes involve state law. However, if your case involves federal law, then you will sue in federal court. For example, if you are suing for breach of a contract that was made with a person in another state, then you would sue in federal court because it is a contract dispute between two states.

If you are experiencing commercial litigation, contact an attorney for help with your case today!