Business owners can face a myriad of legal issues. For example, issues can arise where individuals contemplate a business deal. They may even agree on certain terms. When the deal fails to materialize or one party reneges, is there a claim for breach of contract? Was one party fraudulently induced into the contract? Is the contract enforceable? Is there a valid defense to the claim, such as the Statute of Frauds, the statute of limitations, or other?
Perhaps a third person interfered. Did the conduct rise to the level of tortious interference with the contract or prospective contract? What damages are recoverable and what proof is required to prevail?
Business disputes can also lead to claims of defamation, breach of contract, misrepresentation, or fraud.
Shareholder litigation is another area in which parties to business transactions may face claims. For example, minority shareholders in a business may sue for shareholder oppression or dilution of shares.
The attorneys at Tully Rinckey know the types of issues that can arise and have experience in evaluating, litigating and resolving business disputes across Texas.