Thursday 22 April 2021

Commercial Litigation | Brisbane Solicitors

 At Aylward Game Solicitors we are able to assist you to protect and/or defend your legal rights and entitlements in all Queensland Courts (including any tribunals where parties are able or have been granted leave, to be legally represented) and all Federal and Circuit Courts (including the High Court of Australia). We have strong ties with similar firms in Sydney and many parts of Australia.

Our focus at Aylward Game Solicitors is always to take a practical approach to dispute resolution and wherever possible we will endeavor to obtain resolution for you by negotiation or mediation before commencing or pursuing formal legal proceedings or commercial litigation. Litigation, like surgery, is a last resort. It’s a bloodsport, one party wins and the other loses.

What is Commercial Litigation?

There are three tiers of commercial litigation: Top-tier, Mid-tier, and Entry-tier.

Top-tier

On the top tier are the big banks and the top 100 ASX companies paying the mega law firms thousands of dollars per hour to engage in a veritable boxing match. It is highly important litigation as it often ends up before Courts of Appeal, if not the High Court of Australia. The decisions of these Superior Courts form the very heart of Australia’s doctrine of precedent, ‘judge-made’ law.

Mid-tier

On the next tier are the David and Goliath struggles. Again, the protagonists are often big banks and the top 100 ASX companies. The dramatis personae could also include the Australian Tax Office (ATO) or the Australian Competition & Consumer Commission (ACCC)). Poor old Mr. Widget or Widget Pty Ltd really face the prospect of going to the wall. The mega law firms, for client Goliath, are ranged against much smaller firms, for the smaller client.

commercial litigation

Surely the Goliath’s will do a cost/benefit analysis of funding each step of the litigation? Wrong. Disabuse yourself of this notion immediately. The Goliath’s have very deep pockets and implicitly understand that the contrary applies to Mr. Widget or Widget Pty Ltd. Put simply, it is a war of financial attrition. They go for broke – literally. To use a sporting analogy: who would you back in a Rugby international between the Springboks and Japan? (Well there was that 2015 Rugby World Cup upset).

You will lose unless your lawyer can skillfully extricate you through alternative dispute resolution.

Entry-tier

This is Mr. Widget or Widget Pty Ltd verse Mr. Gadget or Gadget Pty Ltd in all levels of Courts but particularly inferior Courts of record such as Magistrates Courts, the District Court and tribunal such as QCAT.

Can Aylward Game Help?

  • Top-tier? No;
  • Mid-tier? Yes.

In recent times Aylward Game has been on the record in litigation in Superior Courts in matters as diverse as:

  • Assignment of proprietary interests in commercial litigation;
  • Contentious discovery and disclosure issues in fiduciary relationships;
  • Unfair preferential dividends in corporate insolvencies;
  • Unconscionable conduct in trade or commerce;
  • Entry-tier and mid-tier is no problem.

COMMERCIAL LITIGATION SERVICES

Debt collections, Corporate and Personal Insolvencies are our bread & butter.

We can assist you with breaking leases, body corporate disputes, breach of trust disputes and estate litigation.

Engage in Alternative Dispute Resolution (ADR) – Do not hide from your creditors: talk with them.

A vital part of commercial litigation is the negotiation /mediation /Alternative Dispute Resolution mosaic.

At the end of the day most litigation boils down to cold hard cash (or lack thereof).

Many a creditors petition for bankruptcy has been withdrawn on the basis of successful negotiations to pay a lesser (but still fair) sum in dispute. For example, many creditors would prefer to accept 50% of debt than proceed to bankruptcy.

On a more formalized level a bankruptcy may be avoided by what is known as a Part 9 or Part 10 agreement. (Similar agreements apply in corporate insolvencies).
Be forewarned – litigation like surgery is a last resort!!

Franchise Agreements

There are not enough entrepreneurs in Australia. Get out and have a go.Allied commercial /business law issues

Also, attendant to having your own business is diverse issues (and for each of these issues are legal issues that fit like a hand into a glove) for instance:

  • Franchising / Licence agreements;
  • Premises: negotiating a lease;
  • Insurance;
  • Cash flow, Rent, wages and utilities go out each and every week. Do funds come in at the same frequency;
  • Do you sell your invoices to factoring agents?
  • Contractual relationships with suppliers and customers;
  • Intellectual property: do you or your staff on this?
  • Hiring / Firing staff;
  • Staff embezzlement investigations;
  • Taxation;
  • Protecting your personal assets if your business fails. Would you be better off being a sole trader, such as Mr. Widget, or a company Widget Pty Ltd;
  • If your business fails, how do you extricate yourself from the fallout;
  • Succession plans for your business. What happens if you become seriously ill or worse? Do you entrust your business to your buffoon son, or a trusted business adviser?

BUSINESS MEDIATION

BUSINESS MEDIATION

Because of the impact of business disputes, they can be time sensitive. This makes it crucial to receive precise and immediate advice on all issues in relation to the legal dispute, including possible outcomes.
Disputes are a part of business, and having a lawyer to call when these disputes happen is important to the survival and prosperity of your business.
At Aylward Game we regularly deal with these issues on both a Transactional Basis and/or Litigation basis.

Aylward Game Solicitors, keeping you ahead of the game.

No comments:

Post a Comment