Guidance And Litigation Services For Businesses Involved In Commercial Disputes
A commercial dispute can stall and disrupt the business you have worked hard to build from the ground up. Whether it’s a breach of contract or a sensitive partnership dispute, the legal team at DeBlasis Law Firm knows the importance of having a seasoned advocate on your side.
Founding attorney Rick DeBlasis has over 45 years of experience in commercial litigation and business law, as well as a long-standing AV Preeminent* peer-review rating through Martindale-Hubbell for more than 25 years. Together with attorneys Thomas Meeks and Donald Lerner (of counsel), they are prepared to collaborate with you in protecting your company’s interests.
Advocacy For Different Types Of Commercial Disputes
A business or entrepreneur may end up in a commercial dispute for a wide variety of reasons, such as:
- Breach of contract claims
- Commercial lease agreement disputes
- Partnership disputes and shareholder disputes
- Breach of fiduciary duty issues
- Business and consumer fraud cases
- Disputes over commercial loans
- Bankruptcy cases
- Loan defaults
- Failed real estate transactions
The attorneys at DeBlasis Law Firm are skilled, solutions-driven advocates for businesses and organizations. They are focused on getting positive results for their clients at the earliest possible time with the most cost-effective representation.
They will become intimately familiar with the fine details of your case, stand shoulder-to-shoulder with you at the negotiating table and, if necessary, in the courtroom. If you have questions or concerns about a commercial dispute, the lawyers can help you understand your rights and options.
Answers To Common Questions About Commercial Litigation
Legal disputes often bring up more questions than answers. Below are brief answers to some common questions the firm receives to help you weigh your options and make informed decisions:
When should a business consider litigation over mediation or arbitration?
Choosing the right way to settle a dispute depends on your specific goals and whether you want to keep the matter private. Mediation involves a neutral third party who helps both sides reach a voluntary agreement. Arbitration, on the other hand, is a more formal process where a private “judge” makes a final decision. You may consider either of these options to save time or maintain a professional relationship.
However, litigation – a formal legal proceeding conducted in the Ohio court system – may be necessary if the other party refuses to negotiate fairly. It may also be necessary if you need a court order, such as an injunction, to stop someone immediately from damaging your business interests.
What are the most common remedies available in a commercial breach of contract case?
In most cases, remedies aim to “make the business whole” through financial compensation for actual losses. Ohio courts may also grant specific relief depending on the facts of the case, such as:
- Liquidated damages: Preset amounts specified within the contract
- Specific performance: Court-ordered fulfillment of contractual promises
- Rescission: A cancellation that treats the contract as if it never existed
These legal remedies serve to protect your company’s financial health and uphold contractual integrity.
Why do partnership disputes arise and how can they be resolved and prevented?
Partnership disputes can come up for a variety of reasons. Some of the most common ones include:
- A lack of clear rules in the original paperwork
- Disagreements over how much money each partner should contribute
- Grounds to believe that one partner is not acting in the company’s best interest
To resolve these, the attorneys at DeBlasis Law Firm can help you navigate buyouts or “business divorces.” This often involves the division of assets, the valuation of shares or the structured exit of one party from the company.
Having a strong operating agreement from the start can also help prevent these conflicts from occurring or escalating. These documents can clearly explain who makes decisions and what happens if a partner wants to leave the venture.
Get The Representation You Need
DeBlasis Law Firm offers commercial litigation services in Ohio and Kentucky state and federal courts, including the bankruptcy courts. Contact the firm today for confidential legal guidance. To discuss your commercial litigation issue, call the office at 513-540-1024 or reach out via email.
