Companies can often find themselves dealing with complications with other businesses. In some cases, those issues can be significant, including possibly ending a business relationship, but if the conflict breaches a contractual agreement or if a company believes that other extenuating circumstances exist, legal action may be necessary. Of course, business lawsuits can be complicated.
Minnesota readers may be interested in a business dispute in another state between a parking deck operations company and the owners of the property. Apparently, USA Parking had filed a lawsuit against Eastern Gateway Community College after EGCC decided to end the business contract that the college has with USA Parking. Apparently, USA Parking has been operating a parking deck used by the college, and EGCC decided that it no longer needed the company’s services.
USA Parking filed a lawsuit against the college claiming that the termination would be a breach of the contract that the company had entered into with the previous owners of the parking deck. USA Parking reportedly owned the property first and agreed to sell in 2014 under the stipulation that the company could manage the parking deck for 20 years. Recently, a judge issued an injunction in relation to the lawsuit and stated that EGCC would experience immediate and irreparable injury without the injunction requiring USA Parking to refrain from doing business with EGCC but also ruling that USA Parking could receive restitution for any monetary damages it experiences should the breach of contract case prove successful in court.
Business lawsuits can sometimes be necessary when companies find themselves at odds. As this case shows, it can be difficult to move forward with a case as desired and an injunction can feel like a setback. However, these issues are not uncommon, and Minnesota business owners could discuss how to handle such difficulties with their business law attorneys if needed.