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Equity ActionsIn the business world, there are disagreements that really don’t involve money, but property or performance and may not deal with the financial aspect of business at all. Such cases are considered to be actions in equity. In an equity action, the party seeking remedy must come before the court with “clean hands” of from a position of equity. Another form of an action in equity is injunctive relief – seeking remedy from a court in the form of enjoining or forcing a party to behave in a certain manner. In some cases, a business may only require that a decision need to be made with someone that is working for them or that they are contracting with. It can be a simple disagreement that the two parties cannot seem to work out between themselves and they desire a third party to help them make the appropriate decision. A Woodlands business attorney can help to present your part of the case. The most common form of equity action is when a party seeks injunctive relief. An example of this type of action could be when a business employs a practice that is harmful to another business. The business that is being harmed asks the court through legal proceedings to enjoin or stop the offending company from its harmful course of action. Another term for this type of suit is a declaratory judgment, where the harmed party seeks a declaration by the court concerning the rights and obligations of the parties. A Woodlands business attorney can help you determine whether an action in equity is the right type of resolution for your business related problems
Call Garg and Associates today at 281-210-0010 or (alt.) 281-475-4640 or complete our Contact Form and let us assist you with your business law services and litigation needs.
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