What Is Business Litigation Law?

by | Feb 25, 2016 | Law

Business litigation law is very comprehensive as it involves business disputes. A business litigation attorney in Chicago is often involved in negotiations on behalf of a client, drafting agreements, business torts, debt collection and commercial real estate litigation which involve property disputes, leases and evictions when and if necessary.

In many cases the parties to business litigation are ex-partners in a business. It is not unusual for one partner to sue the other should he or she feel that the partnership agreement was breached. There are many other business parties that find themselves in dispute, including employees that feel they were unfairly dismissed, suppliers or vendors that failed to perform in accordance with the purchase contract, or clients of the firm. Business disputes include claims of fraudulent practices, contract disputes and unfair business practices between competitors.

A business litigation attorney in Chicago may be called upon to pursue a class action lawsuit that is being brought by a group of consumers against companies that produced a defective product. A very common class action suit involves breach of warranty. An example of a class action suit could involve customers that purchased products that claimed one thing but failed to do so. A case such as this falls under business litigation law, the attorneys for both the claimants and the defendant will fall back on case that that supports their arguments as well as local, state and national laws that supports their contention.

It is not always in the best interest of the business executive to allow the case to go to trial. A great deal of time and money can be expended as it can take several months or a year or more to get a ruling. A business litigation attorney in Chicago will be called in to mediate or arbitrate a dispute in order to accelerate the process and reach a conclusion.

Business litigation law and intellectual property law often are both involved in the same case. There are numerous disputes over trademarks, patents as well as copyright infringement. If a business should be wound up for example, it is quite common for the ex partners to become involved in a dispute over who owns what when it comes to intellectual property and how the disposition of this property impacts other company assets. As the two areas of law are very close, seasoned business litigation attorneys can also comfortably deal with intellectual property issues.

There are times when a businessman may be involved in a dispute as either the plaintiff or defendant. Should you require the professional services of a business litigation attorney you are invited to contact Zimmerman Law Offices, P.C. at Business Litigation Attorney Chicago.

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