CORPORATE LITIGATION

Corporation litigation is the area of business law that involves providing counsel and legal representation in lawsuits to business enterprises. Plaintiffs and defendants of corporate litigation often range from business partnerships to international corporations, as well as those who work for those organizations or owe a fiduciary duty to them or benefit from them. Corporate litigation lawyers are trial lawyers who initiate civil lawsuits or defend clients in cases brought against them. A corporate lawyer is also often trained to handle matters outside of court by representing clients in alternative dispute resolution or settlement. Some of the litigation matters associated with corporate litigation are breaches of contract, employment relations, and regulatory compliance.

Some of the parties to corporate litigation include shareholders, members, and directors. For example, shareholders may sue directors for a breach of fiduciary duty owed to the corporation. Business partners may sue one another for breach of a partnership agreement, or a corporation may sue a business partnership for fraud or breach of contract claims. The corporate entity or other business entity can be a party to a corporate litigation as well. If the corporation loses the case and is a defendant, the plaintiff is often limited to the corporate asset and not the personal assets of the shareholders. Other business entities, such as a partnership, do not have the benefit of this corporate veil.

 


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Copyright Stewart Orden 2012