We have a video on this and other important Florida legal topics on our video page
Starting and running a business takes a significant amount of time, effort, and money. Florida businesses help shape the way our lives look on a day-to-day basis, but these businesses aren’t immune to lawsuits.
Finding out your business may be the target of a lawsuit is incredibly stressful. Some businesses aren’t built to withstand lawsuits and even the most successful businesses can be put on the brink of bankruptcy through litigation. So, what should you do when you receive notice of a lawsuit?
Contact an Attorney Immediately
The best time to retain an attorney is before you have any legal issues. An experienced legal team can help you set your business up for success by limiting liability.
If you haven’t already been working with an attorney, the sooner you do this the better. Your attorney will need to review your entire situation to get a better understanding of what your defense will look like.
Gather Relevant Information and Documentation
Before a case review can begin, you’ll need to make sure you have all the information necessary to evaluate your situation. This may include articles of incorporation, any contracts signed with or related to the other party, and supporting or incriminating evidence.
Review Compliance with Florida Statutes and Regulations
Once you’ve done this, it’s important to provide all the relevant and available information to your attorney/legal team. The appropriate statutes and regulatory requirements must be reviewed in order to determine whether or not you have a defense in the first place.
A failure to be in compliance with state law and regulations is the surest way to derail a successful business. That’s why it’s important to work with an attorney and be truthful with them about the circumstances. Dishonesty will only make your defense more fallible.
Work with an Experienced Attorney From the Beginning
Ideally, you would have already been working with an attorney well before the potential of any lawsuit arises. From formation through any notable business deals, it’s important to have an attorney by your side.
At The Law Offices of Ray Garcia, we work with businesses of all sizes to make sure they’re in the best position legally to succeed. Our experienced team can help guide you through formation and through key business deals that grow what you’ve built. Contact us and make sure you’re either ahead of or prepared for any potential litigation.
Law Office of Ray Garcia, P.A.
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