Business owners in Tennessee, whether they own and operate a fledgling small business or whether they are the head of a major corporation all have their eyes on making their businesses as profitable as possible. This involves a lot of legal transactions — from sales and purchases, to employee contracts, to mergers and acquisitions. Any of these transactions can be very legally complex. Moreover, there are many state and federal regulations businesses must follow in Tennessee.
Unfortunately, part of running a business means that sometimes disputes may occur. They may be contract disputes, disputes with employees or former employees, insurance disputes, antitrust violations or disputes between partners or shareholders. Naturally, business owners want to see these disputes resolved in an advantageous manner that aligns with their business objectives and that does not cost them unnecessarily in time or money.
It is at times like these that it can help to have legal assistance. At Spragins, Barnett & Cobb, PLC, we understand that business owners facing disputes may not be able to resolve these issues on their own. Sometimes disputes can be resolved through alternative dispute resolution methods such as mediation and arbitration. However, there are times when certain business disputes will need to be litigated.
Business disputes can be complex and can understandably be stressful for business owners, especially when they go beyond the scope of what a business owner is experienced in. Complex legal disputes require skill to resolve. Our firm’s webpage on business and commercial litigation may be a good starting point for people in need of more information on this topic.