In this video, our Aurora commercial litigation attorneys explain the Illinois commercial litigation process. Commercial litigation refers to any type of dispute that comes about in a business context. This could include lawsuits against companies, partnerships or individuals. This also includes any lawsuit brought by brought by companies, partnerships, or individuals. Basically, if any type of business entity is involved on either side of a lawsuit, it’s considered a commercial litigation.

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In this video, our Aurora commercial litigation attorneys explains the differences between General Limited and Limited Liability partnerships in Illinois.

Partnerships are one of the most commonly formed business entities. Partnerships come in three different forms: general partnerships, limited partnerships, and limited liability partnerships. All three of these partnerships are considered pass-through entities, meaning the partnership itself doesn’t pay any taxes, but the income it earns is passed through to the owners’ personal income.

In this video, our Aurora commercial litigation attorneys explain how to negotiate a favorable commercial lease. We answer questions like, “What are the first steps to negotiating a commercial lease?” and “What are some common mistakes when negotiating a commercial lease?”. As a business owner, it is your responsibility to read your commercial lease and completely understand all of its terms. At O'Flaherty Law Aurora, we know that commercial leases can make or break your business. Leases are legal contracts, so they should be closely examined prior to signing. For more advice on negotiating a commercial lease, do not hesitate to contact O'Flaherty Law Aurora with any and all questions.

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