What Every Business Owner Should Know About Commercial Litigation
Frank Malara • July 24, 2017

As a business owner, understanding the world of commercial litigation can be confusing and overwhelming. This is because it is a very complex and broad legal area which includes a variety of business issues. Commercial litigation needs are constantly growing as more and more Americans start new business ventures. Working with a trusted attorney is the first step to ensuring your business’ legal needs are met.

Intellectual Property

An organization’s intellectual property is often the “secret sauce” that they provide their clients and customers. This can include trademarks, patents and copyrights for their products and business functions and are often worth thousands if not millions of dollars in revenue. Sometimes a legal professional is needed to simply apply for the proprietary documentation for these products and processes, while other times their expertise is required if there is a case of infringement on these legal registrations.

Corporate and LLC

If you are a business owner, chances are good that you have either a corporation or LLC. No matter what the designation of your business venture, you have specific legal obligations. In addition, there are many areas of legal distress you may encounter as a business owner that fall under the category of corporate litigation. These might include non-compete agreements, non-disclosure agreements, mergers and acquisitions, management issues and employment agreements. It is also important to remember that no matter the size of your organization, you still could be impacted by the same corporate litigation issues that affect much larger companies.

Franchise

Franchises are a way that many individuals get into business ownership. A restaurant or other business venture that starts out as a single location can offer franchise agreements to other individuals who can use their model to build the same business in another geographic location. This type of litigation requires a lot of legal documentation for both the creation of a franchise as well as selling, purchasing and maintenance. The franchise agreement should spell out all the details require how a franchise is expected to operate.

Working with an attorney who is experienced in business litigation is paramount for a business owner’s success. The team at Penachio Malara LLP has been providing trusted legal counsel for business owners in White Plains, New York and surrounding communities since 1991. Contact them today for a free consultation.

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