Litigation Lawyers in Elk Grove

In Elk Grove, Illinois, commercial litigation is any civil litigation that contains a business transaction. Commercial litigation can come up in essentially any business context.

In Elk Grove, Illinois, you should expect any form of commercial litigation to be expensive and difficult. While large and sophisticated companies are well-equipped to deal with civil litigation, and are typically the ones facing it, civil litigation in Elk Grove, Illinois can also arise between those who are not nearly as accustomed to handling it, such as individuals and small businesses.

Common Sources of Commercial Litigation in Elk Grove, Illinois

Commercial Leases: Even though more businesses than ever are relying on the internet to sell their goods, the majority of small businesses in Elk Grove, Illinois still have to operate from a physical location. The space from which most businesses operate is normally rented, and the terms of the rental agreement are documented in a contract called a commercial lease. These contracts, like any other, are sometimes breached. When, for instance, the tenant fails to pay rent on time, or the landlord fails to perform required building maintenance, a disagreement might arise, leading to commercial litigation.

Sales of Real Estate: When buying real estate in Elk Grove, Illinois, a lot of things can go wrong, possibly making commercial litigation essential. In these cases, things like title defects (when the seller doesn't really own the land or house that they're selling), physical defects in the property that weren't disclosed to the buyer, or a buyer's failure to tender payment on time, among other things, can all lead to commercial litigation.

Sale of Goods: The sale or purchase of personal property is another frequent source of commercial litigation in Elk Grove, Illinois. For example, a restaurant owner might order tomatoes from a supplier, and fail to pay for them. The owner might argue that the tomatoes were rotten and unusable when they arrived, and he therefore does not have to pay. Obviously, if the two parties can't resolve this disagreement somehow, they will have 2 options: simply let it go, and likely never do business with one another again, or go to court, and resolve it through civil litigation.

Business Loans: When a business is started up in Elk Grove, Illinois, one of the first steps is normally to take out a loan from a bank. However, this is a difficult process, and there are many things that can go wrong. If the borrower fails to make the required payments, or the lender attempts to defraud the buyer, civil litigation is a strong possibility.

Breach of Contract: When an Elk Grove, Illinois business agrees to provide something of value (a product or service) in exchange for something else of value (normally money), a contract is formed. A contract, put simply, is any agreement that the law will enforce. Contracts can be very simple, or incredibly complicated. In either case, if one party fails to perform under the terms of the contract, commercial litigation is one way to resolve the ensuing dispute.

How Can a Elk Grove, Illinois Commercial Litigation Lawyer Help?

If you run a business in Elk Grove, Illinois, it should be clear by now that commercial litigation can arise in many different instances, possibly when you least expect it. For that reason, it's a good idea to have plans in place to deal with commercial litigation contentions, should they come up.

And the best thing you can do on that front is to take steps to minimize the chances of disputes leading to commercial litigation in the first place. Commercial lawyers in Elk Grove, Illinois can be very valuable with that. By advising you of your legal rights and obligations, your attorney can help you avoid making the mistakes that lead to legal disputes in the first place.