Business litigation attorneys are known by various names in Los Angeles. Corporate litigation attorneys, commercial litigation attorneys, business trial lawyers and breach of contract litigation attorneys are some of the names with which business litigation attorneys are known. Doesn’t matter, what name is being given to them, they all follow the same legal ways of action. Let’s find out what each term means and what the reasons of its action are.Action can be taken when there is said to exist an intervention by the third party amongst the two parties and third party tries to break the contract laid between the two. This intervention is generally done by the third party to seek any sort of financial advantage. In any such case, action can be taken according to the business litigation laws.
Any such actions can also be taken in the case of breach of contract. Contracts are the mutual pacts signed by two parties like a partnership agreement exists between the two parties. Similarly, there is a system of lease between tenants and landlords. Purchase order can be called a legal agreement between suppliers and purchasers. Whenever there exist any situation that led to breach of the agreement, reason of caution arises and action can be taken legally if it is proven that the breach caused plaintiff damage.Another case when any such action can be taken is when it is proven that there had occurred a breach of fiduciary relationship. Business exists on the basis of confidence and trust upon other person. This forms a fiduciary relationship. This is the kind of relationship that exists between board members of companies. But whenever there exists a breach between two partners linked with fiduciary relationship and it is proven that plaintiff damage had occurred as a result of this, plaintiff damage had occurred.
Fraud is yet another cause of action which can serve as the reason behind business litigation lawsuits. Fraud case has its basis on lies. Lies can be hiding something which should be revealed or some mutual miss-presentation in order to seek financial profit. However, there are certain cases which need to be fulfilled in order to get the business litigation lawsuit done. For this, you need to prove that the culprit intentionally lied upon you and that miss-presentation occurred due to which there has been damage. Also, it’s to be proved that you didn’t know that culprit was lying to you. You can’t get the benefit of it if not proved. Also, it’s to be presented that any others person also would have believe the lie in addition to the fact that damage had occurred due to the lie.Every lawsuit has its own terms and conditions of the action. However, any rivalry or dispute arising in the court comes from one of the above basic causes. Law Offices of Steven J. Horn is a Los Angeles based business litigation and business law firm.