When a Business Agreement Becomes a Business Dispute

Business deals are exciting and typically are a cause for celebration. In certain instances, this celebration is short lived, and conflict can occur even before the excitement wears off. Business disputes can occur often, and it is good to have your ducks in a row prior to the dispute or as soon as you see

conflict brewing and there is an unwillingness to compromise.

Conflicts can be due to:

• Policy: Different points of view on how the business should be run
• Profits: How to split or share the profits that the business makes
• Parting Ways: Someone within the business agreement wants to separate themselves from the business.

Okunade LLP is here to provide business dispute litigation

There are 4 major types of business litigation:

1. Business to business

Business to business (B2B) partnerships are often created because they are very helpful. In some cases, they can become delicate and complicated. Once that happens, professional mediation or legal advice on your business arrangements is needed.

2. Partnership Disputes

These are the most common disputes. This typically happens when leadership or management have a disagreement, and the conflict becomes a larger problem for the business. This is could be as a result of a change in leadership, a difference in direction of the company, hiring woes or financial disputes. 

3. Financial Agreements/Breach of Contract

Money and profits can bring on disputes between members and managers, and within business arrangements. When a contract is signed, then the agreement is legally binding and can be upheld in a court of law, barring any applicable defenses to the contract. If the agreed upon contract is violated or not upheld by one or more parties, then there is a direct violation of the agreement. When this happens contacting Okunade LLP is a must to help reach a sensible resolution, with or without litigation. 

4. Employment Disputes

This can take a couple of forms:

1) It can be a dispute between an independent contractor and a business that hired the independent contractor

2) this type of disputes show up in employment-based discrimination cases where an employee is bringing or an employer is defending against an employee’s unlawful discharge based on martial status, age, disability, sex, race or any other form of employee discrimination. Okunade LLP works with both employees and businesses in these types of disputes. 

Don’t wait until you have a business disagreement to seek a business dispute attorney.  A business attorney will get to know you and your business needs. The attorney will anticipate your growth, create contracts, and walk you through your options. 

If you are a:

• Small Business
• Corporation
• LLC
• Partnership
• Entrepreneur

Then you need Okunade LLP as your business dispute attorney!

If you believe the other party is not living up to its/his/her other end of a bargain, it is important that you consult with, or hire, a trustworthy business litigation law firm like Okunade LLP to handle your complex business matters.  Doing so may lead you to save time and money. Let our business litigation attorney walk with you through your business arrangements and disputes. 

Contact Okunade LLP today