Fayetteville, AR Business Dispute Attorney
A business dispute can arise from various circumstances. For example, if a contract for supplies is breached and it substantially affects how your business operates, this can lead to a legal claim. No matter what type of business dispute you are having trouble with, you likely have some grounds to claim compensation for losses caused by the dispute. If you or your business is involved in a dispute, you should consult with an experienced Fayetteville business dispute attorney today.
At Gunn Kieklak Dennis, LLP, our Fayetteville business attorneys are prepared to help you resolve a dispute that is negatively affecting your business. Our firm has extensive experience in dealing with a variety of commercial cases, and we will apply that experience to help you pursue the compensation that you deserve. To schedule a confidential legal consultation regarding your claim, call Gunn Kieklak Dennis, LLP at (479) 439-9840, or contact us online.
Common Types of Business Disputes
A business dispute can take many forms. However, there are some disputes that are more prevalent, likely because every business has similar issues that they must occasionally or frequently handle. The following is a list of common business disputes that affect all kinds of businesses.
Breach of Contract
A breach of contract dispute typically arises when one party does not fulfill the obligations that they agreed to handle. For example, if you engaged in a contract for the purchase of food for your grocery store and the supplier failed to make a timely delivery, this is a breach of contract. Every business operates from contracts with clients, suppliers, and various other parties. This means that the breach of a contract could result in your business being unable to operate properly.
Contractual disputes can also occur if each party interprets a contract differently. It is important to use clear and unambiguous terms when writing a contract to ensure that a certain clause is not misinterpreted. Our firm can help you draft a concise contract that will help you avoid a breach due to vagueness.
If you are running a service-oriented company, false reviews and slander can directly impact how consumers view your business. Business defamation can occur in a variety of ways. For example, a person could write a completely false account about the service they received from your company on a prominent website. Luckily, it is easier to litigate a slander or libel claim in Arkansas than in some other states. This is because Arkansas evaluates defamatory statements on a case-by-case basis and does not require that a majority of people consider the remarks defamatory.
Partnership disputes often occur because the owners of a business cannot agree on the direction that the business should be taking. For example, some owners may have an issue regarding which partner gets to lead the company or may even take issue with how company funds are being used. A common partnership dispute is when a partner breaches their fiduciary duty to the company. This means that the partner put their own needs above that of the company or made an uninformed or purposeful decision that seriously harmed the company.
Disputes can also arise if the partnership agreement does not properly assign roles to each partner. Partnership agreements are one of the most important documents you need to prepare when you are creating your business with other people. An incomplete or ambiguous partnership agreement could lead to issues regarding who was responsible for handling a certain task and many other problems
If the key to your company’s prosperity is a trade secret that you do not want to be revealed, you likely want to get your employees to sign a non-compete agreement. These agreements are used to restrict a former employee’s ability to work for a competitor in the vicinity of your business. Most non-compete agreements also stipulate how long an employee has to wait before they can continue working in a particular field.
Non-compete agreements should be written carefully to ensure that they do not contain broad provisions that cannot be upheld. Our firm can help you draft a legal non-compete agreement and help you enforce the agreement against former employees who breached the contract.
Fayetteville Business Litigation Lawyers Can Help You File a Claim
If your company suffered financial losses because of a dispute, you should contact an experienced Fayetteville business dispute lawyer today. The dedicated lawyers at Gunn Kieklak Dennis, LLP can provide you with the personalized legal representation that is necessary to pursue your claim.
Your business should not be impacted because another person or company failed to uphold an agreement. To schedule a confidential legal consultation concerning your dispute, call Gunn Kieklak Dennis, LLP at (479) 439-9840, or contact us online.