What is Business Litigation?
Business litigation is a very common word that lawyers and everyday people use to explain civil litigation or legal action or a lawsuit. Business litigation, also known as commercial litigation, is a general term used to describe a very broad category of civil litigation.
Reed Bloodworth, the founding partner of Bloodworth Law PLLC, has been practicing law in Florida since 2004. Reed’s key practice areas are business litigation and trust and estate litigation. Here are a few of the business litigation cases or types of cases that Reed sees in his everyday practice.
The first type of case Reed commonly sees are business torts. Well what are business torts? Business torts are a class of civil causes of action that attorneys bring in business disputes. They include such things as:
- Fraud or fraud in the inducement
- Negligent misrepresentation
- Tortious interference on an advantageous business relationship.
Shareholder & Partnership Disputes
The next typical type of action Reed sees are shareholder partnership disputes. These occur when owners of a business do not agree on how the business should be run or perhaps one of the owners stole money from the business. A variety of things could happen.
Often times the cause of action you bring in the situation is a breach of fiduciary duty. Many times Reed sees breaches of fiduciary duty where the majority owner has done something wrong to the minority owner.
Breach of Contract
The final cause of action that Reed commonly deals with is a breach of contract. Well what’s a contract? A contract is a binding agreement between the parties that is legally enforceable. You can have a written contract or a verbal contract. The breach of that contract means that you have a valid enforceable contract one of the parties breach that contract and as a result the other party suffered some type of financial damage.
These are very common business litigation causes of action things that Reed deals with every day in his practice. Reed Bloodworth is the founding partner of Bloodworth Law PLLC, located at 224 East Marks Street, Orlando, Florida. Give Reed a call. Talk about what happened to you.
Civil litigation is every type of litigation that is not criminal law or litigation. So when you think of courtroom dramas and things of that nature it’s not that type of law, because you’re not dealing with a crime that’s been committed.
It’s civil law meaning it’s a dispute between two or more people and deals with the rights of people instead of a violent act which refers to criminal law.
Types of Business Litigation
Business litigation is simply describing an area of law dealing with business. Like the name describes, it applies to all categories relating to civil litigation pertaining to a business. Business litigation would include virtually any aspect of litigation, lawsuit, legal dispute or legal issue related to a business, within one or more businesses or regarding business transactions. All of these types of business litigation fall within or under the umbrella:
- Breach of contract litigation
- Shareholder and partnership litigation
- Business tort litigation
- Employment litigation
- Breach of fiduciary duty litigation
- Professional malpractice litigation
- Investment losses and securities litigation
- Real estate litigation
- Complex commercial litigation
- Construction litigation
- Intellectual property litigation
- Owner, officer, director, liability litigation
Who’s the Best Lawyer for Your Lawsuit?
Orlando, Florida, business litigation attorney L. Reed Bloodworth works to resolve client business lawsuits in courtrooms every day. Reed may work out a settlement before ever having to go into court which can more quickly and cost effectively handle a business litigation dispute.
Will Your Lawyer Fight for You?
Everyone says that they want a Florida attorney who’s a pitbull or a shark, but will your lawyer fight for you? Do you need a fighter or a negotiator? Often, the best cases are won before a lawyer ever enters a courtroom.
Reed knows how to fight but is equally skilled in negotiating a case. After handling hundreds of cases and working in many practice areas Reed knows that every case needs a different tact and strategy. Every case direction depends on what the client wants to achieve.
You may want an attorney who says that they will fight it out in front of a judge and jury. The reality is that you need a business attorney committed to working tirelessly to obtain the outcome needed to please and defend the rights of the client.
Sometimes a resolution can be ironed out before a case ever reaches a courtroom. So there are issues besides cost that should go into deciding whether to sue another party. How much knowledge and case experience does your lawyer have in the area in which you need help?
The Biggest Question
Because Reed Bloodworth has been an attorney since 2004, Reed has extensive resources available to put to work for clients. From research, to case preparation, investigation, processing and filing paperwork, reputation is key. Honesty and integrity and a promise to get to work on a case immediately are imperative. But one of the most important of all these legal assets is the ability and option to take a business lawsuit on contingency.
Business Lawsuits on Contingency
Business lawsuits are expensive investments. Before you send an attorney into a courtroom brawl, take a breath and consider the financial commitment that goes into handling a legal problem. Did you not only choose carefully but also ask your attorney the about the cost involved? Reed Bloodworth will take cases on contingency. Will your lawyer take your case on contingency?
What is a Contingency Fee?
A contingency fee is where a lawyer takes a case and gets paid when the case pays out in a settlement or via judgment at the end. Fortunately for Reed’s clients, the contingency fee cases include business litigation and lawsuits, personal injury cases, and trust & estate litigation cases where the plaintiff doesn’t pay until the case settles. The risk is taken by the law firm with no upfront needed from clients, no money down, no monthly check or credit card to pay first just to get the case started.
Taking a case on contingency means that payment for a business lawsuit, a personal injury case, or a trust and estate case is reliant upon the case settling in or out of court and generating funds to pay the attorney from the amount, the funds that were either decided by jury or through a settlement.
In simpler terms, Reed gets paid when the business or individual client gets paid through the case settlement or judgment. The client only gets paid if Reed wins the case in court or the jury decides in the plaintiff’s favor.
Cases get started when attorney Reed Bloodworth agrees to take the case, work the case. Work begins immediately and ends via settlement out of court, or in court through a jury trial or a summary judgment. Sometimes Reed works out a deal before the case has to go before a judge and jury.
What Kinds of Business Lawsuits Will Reed Accept?
Reed Bloodworth handles the following business litigation cases:
- Breach of Contract Lawsuits
- Shareholder and Partnership Disputes
- Business Torts Lawsuits
- Construction Litigation
- Employment Litigation
- Intellectual Property Litigation
- Investment Losses and Securities Fraud
- Legal Malpractice and Professional Liability
- Real Estate Litigation
How is a Case Selected?
Orlando Florida lawyer Reed Bloodworth will only take cases that can stand up in court and that have been vetted through a process that includes careful interviews and discussions with clients. At the core of every case is the law, the laws that shape the strategy and form a basis for a client’s defense or a client’s offense.
Business lawsuits are serious decisions and if a business owner, a business partner or partners or an individual feel that there is just reason for filing a lawsuit, Reed will go through the aspects of the case with clients. Reed forms a team with you and wants to know not only what happened, but what is it that you want to have happen?
Reed is committed to making sure that every client case that comes in will stand up legally against the opposition. And there is no opponent that Reed would not be willing to go up against if the law stands on the side of the plaintiff. Reed is a lawyer who fights for client cases with realistic goals for the best possible outcome in every situation. In other words Reed will take cases that he’s confident in and willing to fight for and will do everything in his power to achieve a decision or settlement that a client seeks.
How Do You Get Started?
Reed will meet with you about your lawsuit and find out how things reached the point where you feel that business litigation is needed. Reed will get to the heart of what you as an individual, a partner, a family or a business owner sees as a reasonable resolve to righting what’s wrong.
Taking a case on contingency, if that’s what is preferred to paying an hourly rate or other financial arrangement, also means that Reed only gets paid when the case is decided or settled with a monetary amount that will pay the plaintiff who then is required to pay the legal costs of the case.
What happens in a contingency case is that the law firm extends its staff to work the case which it believes will generate the revenue to pay for the work performed on the business lawsuit.
Reed pursues the case immediately using the full resources available to him. However, the amount of time and resources required to pursue the legal action are not paid for upfront by the individual, business or group before filing the lawsuit.