When a business deal breaks down because one party allegedly failed to uphold their end of the bargain, the other party may incur various losses. In a business dispute, lost profits can become the largest source of financial loss for a party. However, if you file a lawsuit due to a dispute in a commercial…
Most businesses run on various deals with other parties, including suppliers, landlords, service providers, and customers. However, business owners who enter commercial agreements may make avoidable errors that could cost time, money, and reputation if conflicts arise. Fortunately, owners can avoid many of these errors with attention and effort. Some of the most common contract…
When parties in a business relationship have a dispute, they may pursue several ways to resolve it. Parties frequently take business disputes to mediation or litigation to pursue a resolution. Mediation can help parties reach a negotiated settlement, whereas litigation means letting a court issue a binding judgment. However, when you have a business dispute,…
When parties in a business relationship get into a legal dispute, one party may turn to the courts to assert their rights in a lawsuit. However, Oregon law limits how long a party has to file a lawsuit to resolve a business dispute. This deadline, known as the statute of limitations, ensures parties file their…
