Find Lawyers in Prince Edward Island, Canada for Corporate and Commercial Litigation
Practice Area Overview
Commercial litigation is a very broad practice area encompassing all disputes potentially arising in a business context. Consequently, practitioners in this area must have wide-ranging knowledge of both the business world and the myriad legal issues that can arise in that arena.
Commercial disputes may take on various forms, from breach of contract to shareholder disputes. Every litigious situation gives rise to a wide variety of remedies and recourses, such as an action for damages, a motion for an injunction, or a seizure before judgment. Furthermore, depending on their nature, such disputes can fall under the jurisdiction of several courts, each with its own set of rules.
In this challenging environment, commercial litigators must be able to assess the strengths and weaknesses of each situation and gauge their potential impact. Thorough knowledge of the commercial and operational issues at play will allow the practitioner to propose an appropriate litigation or ADR strategy, perhaps even a business solution.
Commercial litigation has evolved considerably over the years due to several factors, such as the near-universal adoption of information technology by businesses, and the increased complexity of commercial disputes. Add to that a slowing Canadian economy, and it is clear that commercial litigators must be prepared for war but open to peace.
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