Business Litigation Attorney in Austin, Texas

Why type of issues commonly give rise to business litigation?

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00:04
really the best way to explain it is is
00:07
one business person
00:09
cheating another one and it’s not a
00:11
criminal
00:13
violation but it’s certainly not
00:15
something that the
00:16
cheater would ever admit to his mother
00:19
at thanksgiving you know he’s reading a
00:21
contract a little too thin or looking
00:24
for loopholes or finding loopholes that
00:27
aren’t there
00:28
he’s misrepresenting
00:30
a fact or some numbers
00:33
or things that trick somebody into doing
00:36
something
00:37
or he’s just plain stealing you know if
00:39
he’s a fiduciary or stealing or using a
00:42
company for his own purposes as opposed
00:45
to what he should be doing

Austin, TX commercial litigation attorney John W. Thomas talks about the type of issues that commonly give rise to business litigation. He explains that the best way he describes it is as one businessperson cheating another. It’s not a criminal act in the legal sense, but it’s certainly nothing the cheater would want to admit to his mother at Thanksgiving. It usually involves someone reading a contract a little too thin, stretching the language, or inventing loopholes that don’t really exist. Sometimes it’s about misrepresenting facts or numbers to deceive someone into taking action. Other times, it’s outright theft—especially when a fiduciary uses a company’s assets for personal gain instead of fulfilling his duty.

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