Simply speaking, commercial litigation involves two or more businesses in a dispute over money or other property.
Mr. Ferro has represented many clients in resolving fairly straightforward contract disputes and complex contract disputes which intertwine between many participants.
Before your dispute becomes so out of hand that nothing but a lawsuit is necessary, contact Mr. Ferro at (201) 446-5904. Mr. Ferro tries, using his outstanding people skills and knowledge of business law, to work the situation out with the parties. Mr. Ferro does not inflame the situation so the issues will multiply and then the costs of litigation only enable the one with the most money to more forward with a lawsuit.
Examples of Commercial Litigation
- Fraud and Deceptive Trade Practices: Misrepresentations and fraud in business transactions. Mr. Ferro has represented builders as well as homeowners in these disputes. NJ is very clear on the guidelines pertaining to business behavior and practices.
- Abuses of Trust: Breaches of fiduciary duties by persons in positions of trust, including corporate officers and directors, agents, trustees, partners, or majority shareholders.
- Employer/Employee Disputes: Overtime, disabilities, health and pension benefits, and discrimination (age, race, and gender).
- Collection of Debt: Promissory notes, guaranty agreements, and mortgages/deeds of trust, creditor balances, etc.
- Breach of Contract: Mergers and acquisitions, purchases and sales of securities, transactions in real estate and other business assets, and agreements to provide goods or services.
- Partnership disputes: – just like marriages, most business partners start off working well together for a common good. Partners had good original intentions; however, personalities differ, work ethics differ, lack of sufficient profits, etc. can result in partnership disputes and severance of the partnership is necessary.
Rather than making matters worse by condemning the other party and aggressively attacking the other party, Mr. Ferro meets with the plaintiff and tries to put the situation in perspective. Mr. Ferro believes that vengeance or blind rage will not drive the resolution to a good conclusion for anyone. Mr. Ferro is also a trained mediator which demonstrates his abilities to resolve situations.
Compromise and negotiations are key.
Mr. Ferro’s compassion for people and honesty in dealing with his practice enables him to demonstrate to his clients that he wants the best outcome for his client. Destroying the other party should not be the driving factor.
Protracted litigation is costly and usually unnecessary if the parties would put the situation in perspective and work towards ending the business dispute in their favor rather than “burning down the barn” of the defendants.
Not only are costs important but also individual’s quality of life. A lawsuit not only drains our pocket books but also joy in life.
Mr. Ferro would like to work with you to resolve your commercial disputes. Mr. Ferro is ready to talk with you about your current commercial litigation matters – call Mr. Ferro now at (201) 446-5904.
It should be noted that sometimes, unfortunately, litigation is the only way to resolve a matter. Mr. Ferro is not afraid to stand up for you to defend your rights in court.