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Commercial, Contract, Business Lawyers

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Commercial law covers a wide variety of illegal business activities including antitrust, unfair competition, unfair business practices and violations of privacy. It also covers business bankruptcy, contract law and, since the rise of computer technology, cyber law.
Antitrust
Antitrust laws prohibit unfair business practices such as price fixing, creating an illegal monopoly, geographic market allocation and bid rigging. Price fixing occurs when competing sellers agree on what prices they will charge for their goods or services. This can include setting a specific price or agreeing not to sell their goods or services for less than a certain price.Unfair Competition

Unfair Business Practices
Unfair business practices include acts that are prohibited by The Federal Trade Commission Act, such as fraud, misrepresentation and other unethical acts committed by companies. Unfair business practices committed against other companies include business conspiracy, misappropriation of trade secrets and tortuous interference with contracts. In situations where a company is deemed to have committed unfair business practices, customers can be awarded punitive damages in addition to compensatory damages.Violations of Privacy

Business Bankruptcy
Business bankruptcy occurs when a business is no longer able to pay back debts to its creditors. Bankruptcy not only affects the debtor, it affects creditors and also customers or clients who may have already purchased goods or services from the company filing for bankruptcy if that company is no longer able to provide those goods and services. Chapter 7 is the most common type of bankruptcy proceeding and is available to individuals, corporations and partnerships. Under Chapter 7 bankruptcy, also known as liquidation, the debtor's non-exempt assets are sold or otherwise liquidated and proceeds are distributed to creditors. Chapter 11 is a reorganization proceeding taken on by corporations or partnerships. A Chapter 11 filing allows the company to try to reorganize outstanding debts and continue to operate. The reorganization plan must be approved by a majority of the creditors.Contract Law

Cyber Law and Internet Crime
Cyber law refers to legal issues that arise from the use of the Internet and other networked information technologies. Areas included in cyber law include intellectual property and privacy. Cyber law can be complicated because it can involve numerous jurisdictions. For example, a person in California could make a purchase via the Internet from a company in New York that has its servers in Florida. One of the laws to come out of the rise of the Internet is the Digital Millennium Copyright Act (DCMA), which criminalizes the production and dissemination of technology or services that can be used to illegally access copyrighted works.Commercial Lawyers

BUSINESS HOT ISSUES
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BUSINESS LAWSUITS
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