Frequently Asked Questions About Business Litigation
A business dispute can result in financial loss and, in many cases, irreparable harm to the business.
At Abraham, Watkins, Nichols, Agosto, Aziz & Stogner, we understand what is at stake when a business or business owner becomes embroiled in a dispute. Our goal is to help you meet your goals for your business and to identify the most efficient way of resolving your dispute.
To set up a consultation with one of our business attorneys in Houston, please complete our online contact form. In addition, you may read the information below for answers to frequently asked questions about business litigation.
Q: What types of business disputes does your firm handle?
A: We work with small and midsized businesses facing a wide range of business disputes:
- Breach of contract
- Breach of fiduciary duty
- Partnership disputes
- Bad faith
- Unfair competition
- Insurance coverage disputes / denial of coverage
- Real estate litigation
- Securities litigation
- Commercial oil and gas litigation
- Theft of trade secrets
- Trademark infringement
- Patent infringement and patent disputes
- Other business and commercial disputes
Q: My business partner breached our contracts (a partnership agreement, operating agreement, management agreement, bylaws, etc.), committed fraud, or is not acting in the business’s best interests. What steps should I take?
A: If you have been wronged under a contractual agreement with a business partner or if your business partner is harming your business, it is advisable to speak to an attorney as soon as possible.
A breach of contract or a partner not acting in the best interests of the business can cause immediate and imminent harm. To minimize the risk of significant loss, you should act promptly. Quick action may protect information and preserve resources.
Prior to your first meeting with an attorney, gather copies of any applicable correspondence as well as all contracts and agreements with your business partners that relate to your business and the dispute.
Q: Another company breached its contract with our business, has committed fraud, is stealing our trade secrets, or is harming our business in some other way. Do I need a business attorney, or can I settle this dispute on my own?
A: There are some situations in which it is possible to settle a business dispute without help from an attorney.
However, when negotiating on your own is ineffective – or when the other company has lawyers involved or the dispute suddenly escalates, it is time to get outside legal help.
Our firm offers a free consultation to discuss the specifics of your case. During this consultation, we will explain how we can help in your particular situation.
Q: Can my business dispute be settled outside of court?
A: Each case is different, and many factors can influence whether this is possible. Many business disputes are settled outside of the courtroom.
However, it is important that your case is prepared for trial – even if it never ends up in court.
We never promote unnecessary business litigation. But we also do not encourage our clients to accept a proposed solution that is unsatisfactory to them. In each case we handle, we learn about our clients’ goals and help them identify the most effective way of meeting them.
We invite you to contact our attorneys to find out how we can help with your particular issue. We have more than 70 years of experience settling disputes of all types.