In Oregon and anywhere else the concern of a small business when it becomes embroiled in a court case with another company goes beyond just the dollars and cents pertaining to the disputed claim. The small business owner must also worry that the company does not get off of its focus and its mission by the distraction of an emotional adversary battle. That kind of obsession can build up in business litigation when the case involves multiple depositions of key executives and extensive e-discovery that is technical enough to get anyone out of focus.
Shareholder disputes are a mainstay of corporate conflicts that can lead to litigation in Oregon and elsewhere. The board of directors of a corporation has a fiduciary duty to be transparent with the shareholders and to generally keep them accurately informed about the important transactions of the corporation. When one or more shareholders believe that the corporation has not kept them informed or has provided them with inaccurate information, they may bring business litigation to have the courts correct the breaches that have allegedly occurred and/or compensate for them.
It is common sense that a business owner in Oregon should have a battery of business agreements to use for various situations that come up in the course of doing business. Contracts are something in which an experienced business law attorney excels. Whenever possible, obtain the attorney's expertise when attempting to draft agreements in the business. After all, the professional processing of business transactions is a win-win proposition which leads logically to increased business for the company.
When you start a business with another person, you never want to think about a time where you will want to “break up” with you partner. However, even the most successful businesses experience a partnership split.
High tech companies located in Oregon and other states appear to be occupied with a constant flow of patent and intellectual property litigation. One case that has lingered for years is a business litigation matter in which networking giant Cisco sued newcomer and hated competitor Arista Networks for allegedly stealing Cisco's vital intellectual property assets. Cisco alleges that Arista, which has been quite profitable and successful, made its mark on the back of Cisco's proprietary technology.