When you are operating a business, nothing can be scarier than encountering legal troubles. Whether it's a contract or labor dispute that requires litigation, or a simple contract negotiation that requires a skilled attorney to protect your interests, the slightest misstep can have significant consequences. That's why Gray & Associates tries to remind all of our clients that it is crucial to have an experienced business law attorney working for you to help you make sense of your unique situation — and work hard to protect you, your assets, and the business itself. Whether you're planning to start a business venture on your own, or running an established business and looking to expand, it always pays to have legal guidance to look out for your best interests.
For over 35 years, Gray & Associates P.C. has been serving clients throughout the Los Angeles area and elsewhere by providing dedicated and aggressive legal counsel and representation. With extensive litigation experience, Gray & Associates can help defend your business from a variety of issues, such as unfair contract terms and disputes, breach of contract issues, fraud, internal disputes, frivolous lawsuits, and a variety of other business legal matters. Over the years she has consulted with a long list of businesses, both big and small, on issues of risk minimization and prevention, contract negotiation and drafting, employment, and general business practices. Gray & Associates believes it's important to not only provide trusted legal services but also to inform and educate our clients on some of the basics of California law to enable them to make smart decisions.
California Civil Statute of Limitation Laws
In every state, there exist laws that limit the amount of time you have for filing a civil lawsuit against any business. These statutes are designed to create a sense of reason and fairness when filing lawsuits. Generally speaking, these laws are there to prevent people from hanging a potential lawsuit over someone's head for an extended period of time. Below is a short summary of civil statutes of limitations legislated by the state of California:
Personal injury lawsuits have a statute of limitation of two years.
Fraud lawsuits have a statute of limitation of three years.
Written contracts have a statute of limitation of four years.
Breach of oral contracts must be filed within two years.
Collection of debt on an account has a statute of limitation of four years.
Libel and slander lawsuits have a statute of limitation of one year.
These statutes of limitation are intended to ensure that the offending party of a lawsuit is made aware that he or she committed, or may be accused of committing, some level of wrongdoing against another party. If too much time has passed, as stipulated by the above limitations, then the opportunity to file suit will likely be lost.
Don't Face Your Legal Challenges Alone
At the end of the day, facing a legal battle with your business is a serious issue that requires experienced legal counsel. At Gray & Associates P.C., we're committed to safeguarding your financial interests while also working to grow your business. As our principal attorney, Nancy Gray firmly stands beside all of her clients from the moment the business is formed, up through any and all challenges that lie ahead. Gray & Associates is equipped to advise on a variety of different business matters, including liability issues, contracts and agreements, employment issues and disputes, and risk management.
We are confident that we are well equipped to serve your business needs and protect your interests — even if that means going to court. Our extensive litigation and negotiation experience can help protect your business while also advocating for your needs every step of the way. So if you are looking for experienced legal counsel and representation for your business, don't wait. Call Gray & Associates to find out how we can help ensure a successful future for you and your business today.
BUSINESS LAW ATTORNEY SERVING LOS ANGELES, CALIFORNIA
When it comes to you and your business, you can’t afford to risk facing legal issues with an inexperienced attorney. For over 35 years, attorney Nancy Gray has been working with businesses big and small to serve their needs and protect their interests. If you’re in need of a business law expert, contact Gray & Associates P.C. today to see how we can serve your legal needs.