Advertising is an ever-present thing in Manhattan. Everyone knows that ads almost always put their subjects in the best light possible. Still, it seems unfair when an advertisement makes false claims about either its own product or a competitor's product. Is there anything a competitor can do when this happens? One option they may have is to pursue a lawsuit against the company under federal unfair competition law.
New York business owners know that it just isn't always possible to see eye-to-eye with everyone all the time. Whether it's customers, vendors or even partners, people often have different ways of seeing things. And there are other parties that corporations sometimes disagree with, namely their shareholders. While it is often possible to work out disagreements informally through discussion and negotiation, it isn't always possible all the time.
Business litigation can take many forms, including disputes with customers, suppliers and subcontractors. But for Manhattan corporations, there are other parties who may initiate business litigation, namely shareholders. A shareholder dispute is a common source of business litigation. Recently, a well-known theme park owner found itself the target of litigation in response to allegations that statements made by company representatives artificially inflated the company's stock price.
New York business people know that not everyone out there is completely honest all the time. Dishonesty on the part of others can be costly for businesses. What options does a business person have in dealing with these costs? Depending on the circumstances, a fraud lawsuit may be a reasonable course of action. It is important to know how fraud might be proved in court.
Many compare starting a business to having a new baby. Many responsibilities come with starting a business, and many unexpected events could occur in the first couple of years. Thus, business owners, like new parents, take the time to protect their rights and interests in a new business. Yet, no matter how careful you are or what protective measures you take, the unexpected can still occur. No one expects to be involved in a business litigation situation. However, it is a matter that small business owners can prepare themselves for.
Legal disputes involving your New York business are a threat to your livelihood and the future of your company. While it is critical to resolve these issues quickly and efficiently, it is not always necessary to resort to litigation to reach a beneficial outcome. In some cases, alternative dispute resolution could be a better way to move past certain types of complications.
Many New York business have negotiated contracts in which one party has requested the exclusive use of arbitration to resolve disputes. Should such a clause be included? While some attorneys believe that arbitration is a poor substitute for the courtroom to solve business disputes, the more enlightened view holds that the answer depends on a number of factors.
A common cause of litigation involving intellectual property is the decision by a key employee to take his talent and knowledge to a competitor. Usually, the departing employee and his new employer remain allies in any litigation that ensues. This theme was given a new variation recently when Uber fired one of its star autonomous driving engineers in the midst of complex business litigation with a Google subsidiary involving the alleged theft of intellectual property and unfair competition.
When you are going into business, you may decide that pooling resources and talent with someone else or multiple other people is the best route. This may also feel less risky as you are not jumping into the venture by yourself.
Doctors may be brilliant when practicing their medical specialties, but they can also be difficult business partners. A lawsuit filed this week in Manhattan Supreme Court accuses a prominent urologist of using funds belonging to a magazine that he and the plaintiff founded in 1996 for personal expenses. The lawsuit provides an example of how business partners, regardless of their professions, can engage in bitter business litigation.