What Are Common Florida Business Litigation Cases?
What are common Florida business litigation cases and causes of action:
- Breach of Contract
- Breach of Fiduciary Duty
- Business Torts
- Negligent Misrepresentation
- Shareholder & Partnership Disputes
- Fraudulent Misrepresentation
- Real Estate
Bloodworth Law is a 2020 to 2022 U.S. News & World Report “Best Law Firm” in Orlando and in Winter Haven.
Founder and CEO Attorney L. Reed Bloodworth is a 2019 to 2022 U.S. News & World Report Best Lawyer® for his work in Commercial Litigation.
What Is Business Litigation?
Business litigation encompasses legal disputes between one or more business entities as parties in a legal action or a lawsuit and applies to all categories of civil litigation involving a business.
Business litigation focuses on federal and state laws involved in running a company. It can involve a dispute between a company and its partners, or among directors and shareholders.
What Is Litigation?
Litigation is the process of having a dispute resolved in a court of law or another formal legal proceeding.
Orlando and Winter Haven attorney L. Reed Bloodworth and the Bloodworth Law Business Litigation Team represent clients, individuals, and families in:
Breach of Contract: This is when a valid contract is broken by one party, a loss has occurred by one party and a legal remedy is needed. A breach of contract means that you had a contract with a person or entity. One party violated that contract in some aspect. And as a result of that breach, financial damages were suffered by one party.
Business Torts: Business torts are unlawful acts committed against another business that result in a monetary loss and describe many causes of civil action in business litigation.
Shareholder & Partnerships: A shareholder pertains to partners or owners of a corporation. A partnership is a subset of business litigation involving company owners. Reed works with businesses to establish business partnership agreements, or operating agreements defining roles, revenue, responsibilities, and liabilities of each member.
Breach of Fiduciary Duty: This occurs when one party’s position breaches a duty of trust owed to others in a contract.
Real Estate Litigation: These are actions to resolve property or real estate contract disputes.
Fraudulent Misrepresentation: This occurs when one party intentionally lies to get another party to enter into a contract. It necessitates a reckless disregard for the truth.
Negligent Misrepresentation: One party makes false statements to close a business deal. This is a civil wrong, meaning a victim of negligent misrepresentation can sue for money damages. Negligent representation involves someone committing misrepresentation but may not necessarily know it is false.
Breach Of Contract Is #1
Reed said that breach of contract litigation is one of the most common Florida business litigation cases. A breach of contract occurs when a legally enforceable and binding agreement between parties –whether a written contract or a verbal contract — is broken or said to be “breached” by one party.
What Is a Breach Of Contract?
It is a breach of contract when one party suffers financial damages due to another party breaking the contract.
An attorney becomes necessary when any business conflict involves a contract or a financial transaction.
Reed And The Bloodworth Law Team
Reed has resolved Florida business litigation disputes in courtrooms since 2004 and said that Florida business owners involved in a dispute often times make mistakes at the inception of a problem.
“The intent may be resolution, but an email may not be well-received, or a call may cause tempers to flare,” he said.
Reed said business owners are most successful when they allow an attorney to represent the businesses’ interests aggressively and instantly.
If you have a Florida business or commercial litigation dispute, talk to Reed and the Bloodworth Law Business Litigation Team about how Bloodworth Law can help you, your family, or your business.Consider sharing this post