Litigation Lawyers in Machesney Park

Commercial Litigation in Machesney Park, Illinois is civil litigation that arises out of a business transaction, or some other disagreement between two businesses, or between a business and a customer. It can appear out of nowhere, and arise out of almost any business issue.

Commercial litigation in Machesney Park, Illinois is often very difficult and expensive, and while it often involves two businesses in a legal dispute, it can also come up between ordinary individuals, who never thought they'd get involved in Machesney Park, Illinois commercial litigation.

Common Sources of Commercial Litigation in Machesney Park, Illinois

Commercial Leases: Most businesses in Machesney Park, Illinois operate from a single physical location, despite the rise of the Internet and e-commerce. These locations are often in rented space, which is normally more cost-effective than purchasing real estate just for the purpose of operating a business. These rental contracts are laid out in documents called "commercial leases." Like every other contract, these leases are sometimes broken. If the parties cannot resolve the ensuing dispute amongst themselves, they might have to resort to commercial litigation.

Sales of Real Estate: When buying real estate in Machesney Park, 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 Machesney Park, 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: Typically, when a business gets started in Machesney Park, Illinois, it has to take out a loan from a financial institution. If the business fails to make timely payments on the loan, it's possible that litigation will result.

Breach of Contract: When an individual or business in Machesney Park, Illinois, agrees to exchange something of value for something else of value (such as a product in exchange for money), they have entered into a binding agreement called a "contract." This means that each party can use the law to compel the other party to perform their obligations under the terms of the contract. If someone fails to perform under the agreement, commercial litigation is one option to resolve the resulting dispute.

How Can a Machesney Park, Illinois Commercial Litigation Lawyer Help?

If you are operating a business in Machesney Park, Illinois, it's probably pretty clear that commercial litigation can arise from almost any business deal, and that a dispute leading to litigation rarely comes at a proper moment. So, it's critical to be prepared for any reasonably likely commercial litigation scenario.

A commercial litigation attorney in Machesney Park, Illinois can be very valuable in that regard. Your lawyer can advise you of your legal obligations, as well as your legal rights. Knowing what is required of you, and the people you deal with in a commercial context, is the best thing you can do to avoid commercial litigation, and to prevail in a dispute, should one occur.