When two companies enter into a contract in Nevada, and elsewhere, it is expected that each side will abide by the terms of the contract. Should one company, or the other, not fulfill their obligations as stated in the contract, business disputes may arise. In some cases, this can lead to serious legal issues.
In Nevada, boards of directors, lawyers, and other people or groups are often given the responsibility to act on behalf of another person, business or organization. When this includes the care of funds or property, these responsibilities are generally known as fiduciary duties. The people, or group, who is given fiduciary duties, are often referred to as fiduciaries, and those they represent are known as principals. Fiduciaries are typically expected to act on behalf of, and in the best interests of, their principal.
Las Vegas businesses must operate in accordance with all relevant state and federal laws and regulations. Sometimes the intersection of two or more statutes can lead to technical legal issues, and in many instances the survival of a lawsuit depends on how courts interpret the interaction of those laws.
Las Vegas residents trust their safety to the vehicles around them on a daily basis; they drive, ride in public transportation, and navigate around cars as they walk along roadways. Because of this, a great deal of pressure is placed on car manufacturers to ensure that their vehicles are safe for drivers, passengers and pedestrians. When this trust is breached, these companies can face federal fines, severe court-ordered punishments, business litigation and criminal lawsuits.
For Las Vegas companies, the protection of confidential information such as client lists and methods of doing business is often vital to success. Many businesses recognize this, and proactively require their workers to sign contracts that include non-complete clauses and restrictions on disclosing trade secrets. If employees who sign these agreements begin working for a direct competitor or leak confidential data, their former employers may choose to settle the business disputes through contract and trade secret litigation.
While Las Vegas’ reputation in popular culture paints it as a city devoted to its tourism industry, in reality it also hosts numerous large companies, many of which have established global presences. When international business disputes arise, they can stir up complicated issues for American companies, particularly if they are already dealing with regulatory or management issues in their home offices.
When a national company accidentally leaks public information, it can cause a great deal of concern for Las Vegas residents. This is why information security is a top priority for many corporations, and why so many of them are careful when it comes to selecting technological tools for sharing data internally. If these businesses do not take these decisions seriously, they may face commercial litigation for any resulting security breaches.
In the world of technological intellectual property, the stakes are high and the payouts substantial. Las Vegas, as the home to world-class entertainment shows and cutting-edge businesses, sees its fair share of these types of business disputes. Often these cases involve the unlicensed use of a patented product or a copyrighted work, but in some instances it is a battle over whether something is in fact a protected piece of intellectual property. In cases such as these, an inventor’s intellectual property dispute over a patent may lead to litigation against the U.S. Patent and Trademark Office.
The need to hire and retain strong-performing employees is legitimate for Las Vegas area employers. The right workforce directly contributes to the success of a company. Similarly, problems with employees—either current or former—can negatively impact a company’s success. Such problems range dramatically and can relate to a contract dispute, unfair competition, fraud and more. Employer representation in employee complaints like these is important to protect the company’s ability to conduct its business.
Many employers request that some employees sign non-compete agreements. These contracts are intended to prevent an employee from going into direct, unfair competition with a company after leaving employment there. While the goal of these documents is to protect employers, many times such agreements are not upheld by courts. A recent news article provided guidance to companies to increase the rate of enforcement.
Nevada is home to a number of companies with presence in the national and global markets. Sometimes, these businesses become involved in complex legal issues with major companies, who are pursuing legal strategies that are part of a larger corporate goal. This type of commercial litigation can often be quite complicated, and may take several years to fully resolve.