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Commercial Litigation: What To Do When Your Business Is Under A Lawsuit

Commercial Litigation: What To Do When Your Business Is Under A Lawsuit

<p style&equals;"text-align&colon; justify&semi;">When it comes to managing a business&comma; most entrepreneurs only consider commonplace threats like running out of operating capital or failing to attract target consumers hence ending up with a backlog of products in inventory&period; While these threats do merit preparations&comma; a business can also face the threat of being sued&comma; whether it&&num;8217&semi;s by their customers&comma; business partners&comma; or employees&period; Here&&num;8217&semi;s what to do when under commercial litigation&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><img class&equals;"aligncenter size-full wp-image-13211" src&equals;"https&colon;&sol;&sol;medusamagazine&period;com&sol;wp-content&sol;uploads&sol;2016&sol;02&sol;Commercial-Litigation-What-to-do-When-your-Business-is-Under-a-Lawsuit&period;jpg" alt&equals;"Commercial Litigation&colon; What To Do When Your Business Is Under A Lawsuit" width&equals;"302" height&equals;"259" &sol;><&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><strong>Before Litigation<&sol;strong><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">In some cases&comma; you will be given a demand letter before getting sued&period; It comes from the person or company that is complaining something about your business and requesting that you perform corrective measures&period; It&&num;8217&semi;s important to understand that the letter does not signify a lawsuit&period; Before making any actions&comma; consult a trusted law firm like Speers Reuland &amp&semi; Cibulskis&comma; P&period;C&period; They can guide you on how to best respond&comma; which is either settling with the complainant or proving that you did nothing wrong&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><strong>During Litigation<&sol;strong><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">If the issue isn&&num;8217&semi;t resolved following a demand letter&comma; expect a formal complaint&period; It will either be delivered to you personally by the complainant&comma; handed by a sheriff or other qualified representative&comma; or mailed to your company&period; A formal complaint serves as a &&num;8220&semi;summons&&num;8221&semi;&comma; which informs you that you&&num;8217&semi;ve been sued&period; It will also state key information including what claims are being made by the complainant&comma; how long you have to respond&comma; and when you need to address the issue in court&period; There is no use trying to avoid a formal complaint as sheriffs and process servers employ techniques to find you&comma; such as placing a notice in the newspaper&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><strong>Following a Litigation<&sol;strong><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Make sure to review the papers thoroughly&period; Courts only allow businesses a limited time to respond&comma; usually 20 to 30 days upon delivery of the complaint&period; In some cases&comma; a hearing can be set at a much earlier date&comma; such as 3 to 10 days&period; Your legal representative has to make efficient use of this limited time to learn all the relevant information and construct the best response that benefits your case&period; The faster you contact your lawyer once a commercial litigation is started&comma; the more time they have to study the case&comma; interview witnesses&comma; and come up with a strategy&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Commercial litigation is a serious matter for entrepreneurs&comma; especially those who&&num;8217&semi;ve only just begun their company and have limited resources&period; A protracted case may affect your ability to grow as a business&comma; so settling complaints before it gets worse should be prioritized&period;<&sol;p>&NewLine;

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