WHAT IS COMMERCIAL LITIGATION?
Entering into a business agreement is one of the most important decisions you will ever make. Sometimes these arrangements return exponential dividends and legacies are created. Many times, however, the business or one of the agreements has unforeseen complications, disagreements, investigations, or worse. When this happens, the fallout can not only negatively affect your company, but may also impact your livelihood.
In such cases, you need a strong, competent, and zealous advocate on your side. The lawyers at Hew & Bordenave have years of experience representing both plaintiffs and defendants in contract disputes, business entity disputes between members, shareholders, and officers, as well as numerous investor disputes.
Commercial disputes may be resolved with a simple firm assessment and demand on your opposition. However, sometimes these disputes put everything at risk and when parties cannot be reasoned with, we are prepared to take your case through arbitration, mediation, or trial in Hawaii or California State or Federal Court.
SOMETHING TO THINK ABOUT
Commercial litigation is not always going to court. Sometimes it is mediation and arbitration. In mediation, the parties work with a mediator and agree how to resolve a dispute or issue. Because the parties agree to the resolution, this is often one of the most effective methods to not just settle your differences, but the parties stick to the agreement – because they agreed to do that
If mediation is not available, arbitration is often used (or required) in many commercial disputes. Arbitration is essentially akin to a private trial. Both sides are given the opportunity to go through discovery and the arbitration hearing, and an arbitrator, or panel of arbitrators, render an award. This award is final and binding the same as a judgment, and can be enforced just like a judgment. The advantage of arbitration, unlike a trial, is it is often quicker and private.
Another commercial litigation tactic is acting preemptively in conjunction with your transactional attorney to stave off potential lawsuits. For this, we offer contract audits and commercial transaction analysis. With this service, we will look over a deal, whether contentious or amicable and provide a breakdown of its strong points and weaknesses. Sometimes it is easy to see that you are getting a good deal, but did you know that a particular indemnification clause, or debt procurement provision can harm the deal, and your business, well after the deal closes? At that point, it becomes a lawsuit (or sometimes many lawsuits), and it is costly to fix.