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Business partners, customers, vendors, competitors, employees or other companies may have commercial disputes. Typical examples include breach of contract, unpaid debts, ownership disputes, partnership or shareholder disputes, fraud claims and disputes about how a company is being run. Sometimes if you get on top of these problems early enough you can prevent a dispute from becoming more costly or disruptive A clear strategy can protect your business and keep the case focused on your goals if litigation is needed.
A courtroom isn’t the only place to resolve a business dispute. The parties may settle a dispute by negotiation, mediation, settlement or other agreement. Other cases involve filing or defending a lawsuit. In Illinois, commercial litigation may seek monetary damages and/or a court order to enjoin certain conduct or resolve disputes among business owners. The right approach depends on the contracts, the financial stakes, the relationship of the parties, and the long-term needs of the business.
We get that a business lawsuit is more than just a legal problem at O’Flaherty Law – it can impact your time, money, employees, customers and future plans. We work with our clients to understand the dispute, review the evidence, identify practical options, and develop a strategy that fits the situation. Our attorneys concentrate on straightforward communication and assisting you in making sound business decisions whether you are filing a claim, defending a lawsuit or seeking to resolve a dispute prior to litigation.
Please contact our friendly lawyers to Schedule a Consultation.
The purpose of a consultation is to determine whether our firm is a good fit for your legal needs. Although we often discuss expected results and costs, our attorneys do not give legal advice unless and until you choose to retain us.
33 N. County St., Ste. 505
Waukegan, IL 60085
I am personally committed to ensuring that each one of our clients receives the highest level of client service from our team. Our mission is to provide excellent legal work in a cost-effective manner while maintaining open lines of communication between our clients and their attorneys. Many of our clients are going through difficult times in their lives when they reach out to us. They should feel comfortable leaning on the experience and knowledge of our attorneys as their counselors and advocates. We are here to help!

Yes. Many commercial disputes are resolved through direct negotiation, mediation, settlement discussions, or other forms of alternative dispute resolution. Resolving the matter outside of court may reduce costs and allow the parties more control over the outcome. However, litigation may be necessary when the other side refuses to cooperate, important business interests need immediate protection, or the parties cannot reach an acceptable agreement.
Start by reviewing your operating agreement, shareholder agreement, bylaws, or other governing documents to determine how decisions are supposed to be made. Depending on the business structure and circumstances, there may be legal remedies when an owner or manager acts improperly, violates an agreement, breaches duties owed to the company or other owners, or creates a business deadlock. An attorney can review the documents and facts to help determine what options may be available.
Keep contracts, amendments, invoices, payment records, emails, text messages, financial statements, meeting notes, internal communications, and other records related to the dispute. Avoid deleting or changing potentially relevant information once litigation is reasonably anticipated. Organized records can make it easier to evaluate the strengths and weaknesses of a claim and may become important if the matter proceeds to court.