Business litigation refers to the legal process that is followed in resolving business disputes. The need for a business litigation attorney in Chicago can arise out of virtually any activity or transaction that your business is involved in.
A common situation where a business litigation attorney will be called upon is when there is a dispute with a commercial lease.
Commercial lease: Businesses need a space from which to operate from; the greatest majority of small and medium businesses operate out of leased premises. The agreement between the parties is a commercial lease; the lease contains all the provisions s agreed.
The business that is a signatory to the commercial lease has implied rights, basically the tenant deserves to get what he or she is paying for. If the owner or property manager fails to fulfill their duties they will be in breach of the terms of the lease. For example, if the owner or management company fails to turn the property over to the tenant on the date agreed or the landlord failed to note defects in the property, the tenant has the right to sue for damages.
Try to resolve the dispute: The first step in most business litigation is an attempt by the parties to settle. In many cases two rational people can settle the dispute without taking it to court, but when negotiations fail, there is no other option but to engage a business litigation attorney in Chicago and take the case to court.
There is a great deal involved in a business litigation case, once the complaint has initiated a lawsuit the lawyer begins discovery. Discovery can be time consuming; it is the process of gathering evidence and relevant information from the parties involved in the case.
If the case is not settled out of court, and many are, the dispute goes to trial. Once the facts have been presented the judge will issue a ruling favoring one side or the other.
If you are involved in a business dispute you will want to be represented by a seasoned Business Litigation Attorney Chicago. You are invited to discuss your situation with Zimmerman Law Offices.
