What is Commercial Litigation?

Commercial litigation is the area of law that involves business and company legal disputes. Financial, property and contract issues are addressed with commercial litigation. This involves a negotiator, or business lawyer, who tries to come up with a solution that is agreeable to both parties involved without having to go to court.

Company Mergers

One area requiring commercial litigation is a company merger. This is when one company wants to buy another. There may be financial issues with the company that is selling out that requires the buying company to enter into negotiations. Included in this type of commercial litigation are employee contracts, stocks sales and following legal guidelines. 

Business Partnership

Business partnerships often involve commercial litigation. A business partnership is when two or more people want to share ownership of a business. Often times, this requires a negotiator. Contracts must be agreed upon concerning how much percentage will be paid to whom, duties of the partners, financial obligations, and what happens when a partner leaves the business.

Contracts Between Employers and Employees

Commercial litigation is used when drafting contracts between employers and employees. There are contracts for deciding who has ownership of ideas or products that are used within a company. Confidential contracts, involving trade secrets and product production, are also often determined by a business lawyer.

Insurance Claims

Insurance companies hire business lawyers to represent them in commercial litigation. If the insurance company has a claim that they cannot decide on, they will consult a negotiator for the final outcome. Insurance companies that represent large businesses also use this type of litigation to come to solutions in the event of being sued by someone or the business itself.