When stakes are high, the livelihood of your business can be threatened in bet-the-company litigation. Bet-the-Company cases occur from any threat with the potential to shut down a business. All businesses, irrespective of size, can be threatened with a bet-the-company case that requires litigation and possible judgment beyond a company’s means to consume. The threat may be tangible, such as a featured product liability issue, or possibly more devastating and aimed at a company’s hard-earned reputation. Bet-the-Company litigation threats may arise from consumers, shareholders, government investigations, or uncontrollable disasters. Dealing with these matters can drain a business of its resources, as well as degrade the market share that is a company’s life-blood.
There are a number of different types of litigation that can cause a business to fail. The more common bet-the-company cases involve:
- Class action lawsuits
- Multi-jurisdiction lawsuits
- Product liability issues
- Intellectual property litigation
- Shareholder litigation
- Industrial accidents
- Trade secret litigation
- False Claims Act litigation
- Fraud and unfair trade practices
- Other complex business litigation
- Criminal Investigations
- Other Governmental Investigations
Bet-the-Company litigation is a complex area of law requiring close attention to detail, both legally and operationally. Often companies are faced with multiple investigations from varying jurisdictions and litigants. It is not uncommon to be investigated by state, federal, and international authorities simultaneously while dealing with outside parties and large consumer bases. Some businesses struggle to defend themselves in bet-the-company cases due to the number of threats coming at them from multiple different places. In these situations, coordination from a knowledgeable attorney who is able to respond to multiple counterparts without creating conflicting outcomes is critical.
At Tharrington Smith, we understand the unique challenges matters that rise to the bet-the-company level present. Our experience in litigation and investigative matters provides us with a more sophisticated understanding of how to handle the delicate nature of these cases. Having a knowledgeable and experienced attorney who is able to consider all options is critical in these matters. Our attorneys are committed to helping you navigate these obstacles and work toward a resolution that keeps your company afloat and thriving. If you are faced with any business dispute, contact the corporate litigation attorneys at Tharrington Smith for a consultation at (919) 821-4711.