No consumer wants to be the victim of a fraudulent transaction. Unfortunately, businesses often attempt to engage in deceptive or misleading acts. The Texas Legislature enacted the Texas Deceptive Trade Practices Act, also known as the DTPA, in 1979 to protect individuals and companies from commercial scams. The DTPA empowers consumers and businesses to pursue legal action against deceptive companies and individuals as a consumer protection statute. While consumers in Texas are encouraged to be mindful of their financial and commercial activity, many consumers are unaware of the nuances of the DTPA. Read below to learn important information about the DTPA and how the Dallas law firm of Ritter Spencer PLLC can help protect businesses and consumers.
3 Business Disputes That May Lead To Litigation
In any industry, business disputes are commonplace, whether it’s between businesses, business co-owners, Limited Liability Company (LLC) members, or corporation shareholders. These disputes can occur over a wide range of business-related disagreements, including everything from shareholder disputes to breach of contract cases. Accordingly, every company should work with an experienced law firm that specializes in business disputes to handle commercial litigation appropriately and reach the most favorable outcome. Below, we’ve outlined some of the most common business disputes that may lead to litigation.
When to Hire a Bankruptcy Litigation Attorney
Business disputes are often unavoidable in today’s competitive economic environment. From disagreements about contracts to issues with investments, these conflicts vary in levels of severity and how costly they are. Business litigation attorneys work collaboratively with companies to address these disputes and produce the best result for their clients. However, the variety of these disputes make it difficult for a business owner to know when to bring in an attorney to handle a conflict. Read below to learn when to hire a business litigation attorney and how the Dallas law firm of Ritter Spencer PLLC can advise companies through business litigation.
Arbitration Versus Mediation: What’s the Difference?
When business disputes arise, owners and managers must determine the method of resolution that is most likely to produce a compromise between the two disputing parties. Arbitration and mediation are two alternative dispute resolution (ADR) strategies that are designed to resolve conflict outside of the court system. Read below to learn more about the difference between arbitration and mediation and the advantages of each. For businesses interested in alternative dispute resolution, you can rely on Dallas commercial business litigation attorney, David Ritter, to guide your business through this complex process and find the best outcome.