What Does Commercial Litigation Most Often Entail? 

 Posted on October 18, 2023 in Commercial Litigation

Commercial litigation in Illinois law involves legal disputes between businesses or individuals relating to business transactions. It is a complex and multifaceted area of law that encompasses a wide range of issues. If you need legal assistance in commercial litigation, contact an experienced lawyer today to get the help you need.

Assisting in Contract Disputes

One of the most common types of commercial litigation involves contract disputes. These disputes may arise from breach of contract claims, where one party fails to fulfill their obligations under a contract. Commercial litigation attorneys play a crucial role in analyzing the terms of the contract, gathering evidence, and presenting arguments to support their client’s position. Resolving contract disputes may involve negotiations, alternative dispute methods such as mediation or arbitration, or litigation in court. 

Business Tort Claims 

Commercial litigation also frequently involves business tort claims. These claims arise when one party alleges that another party has caused them harm through wrongful acts such as fraud, defamation, interference with contractual relations, or unfair competition. Business tort claims often require intensive investigation, discovery, and the presentation of evidence to establish liability and damages. Settlement negotiations or court trials may be necessary to resolve these disputes, with potential remedies including monetary compensation, injunctions, or other equitable relief. 

Intellectual Property Disputes 

These disputes are another significant aspect of commercial litigation. These disputes may involve copyright or trademark infringement claims, misappropriation of trade secrets, or disputes over patent rights. Commercial litigation attorneys concerned with intellectual property law help clients protect and enforce their intellectual property rights against infringers. Resolving intellectual property disputes can be complex and time-consuming, often requiring professional analysis, discovery, and potential trial or settlement negotiations to establish infringement and seek appropriate remedies. 

Securities Litigation

Commercial litigation also encompasses securities litigation, which involves legal disputes arising from securities law and regulations violations. On many occasions, these disputes may include allegations of insider trading, securities fraud, or breaches of fiduciary by those in the corporate sector. Securities litigation is often highly technical and involves extensive discovery, witnesses, and complex legal arguments. 

Contact a Chicago, IL Commercial Litigation Attorney

Commercial litigation covers a broad spectrum of legal disputes that can arise in the business world. Whether it’s contract disputes, business tort claims, intellectual property disputes, or securities litigation, navigating this area of law is no easy task. As a result, hiring a lawyer is crucial to ensuring matters can be resolved appropriately. Contact the skilled Cook County, IL commercial litigation lawyers with Teller, Levit & Silvertrust, P.C. for assistance in commercial litigation. Call 312-922-3030 for a private consultation.