Commercial Litigation is the process of taking a case through court. Commercial litigation generally involves two or more companies who are in dispute over any issue that has reached the stage where legal redress, either in the form of a threat of, or actual legal action, has been sought by one or other of the parties involved.
However, on occasions commercial litigation can involve a dispute between a company and an individual rather than two corporations.
Common areas where businesses engage in commercial litigation include contractual disputes, employment disputes, landlord and tenancy disagreements, corporate governance, mergers and acquisitions and debt management.
Commonly the dispute involves money or other property. Commercial litigation is often highly complex as it can relate to complicated areas of corporate law that require specialised lawyers.
The underlying aim of most commercial litigation is to actually prevent litigation by identifying common areas of dispute in advance and by framing agreements between parties.
It can also involve arranging mediation and/or arbitration in an attempt to resolve a commercial dispute whether the need to involve a court.Learn more