Common Commercial Litigation Claims

 Posted on February 25, 2025 in Commercial Litigation

Disputes are a natural part of doing business. Whether the dispute arises from a genuine misunderstanding or disagreement or from a deliberate action, it can lead to serious financial and reputational issues.

Commercial litigation is the recourse that businesses have to address these disputes, either in court or prior to court but with the threat of litigation hanging over the dispute. Commercial litigation can also, in some cases, be used as a business tactic to attempt to weaken competition. Whatever the reason or type of commercial dispute, the experienced Illinois commercial law attorneys at Teller, Levit & Silvertrust, P.C. represent businesses in commercial litigation matters. 

What Are Common Commercial Litigation Claims?

Any time a commercial dispute occurs, businesses can turn to the law to seek to stop the offending conduct or to receive damages for the harm caused. A few of the most common business disputes include:

Breach of Contract

Breach of contract claims occur when a party fails to fulfill all or a portion of their contractual obligations, such as failing to deliver goods or pay for services. Businesses are likely to include a breach of contract claim in most commercial lawsuits, even if the main dispute centers on other issues. That is because most business dealings are governed by commercial contracts, and therefore most disputes will tend to involve some alleged breach of contract. 

Breach of Fiduciary Duty

Certain types of relationships such as those of business partners come with a legal duty to act in the other party’s or the business’s best interests. This is called a fiduciary duty. Lawsuits alleging a breach of fiduciary duty allege that the individual failed to fulfill their fiduciary duty of loyalty, for example, to a company or its shareholders. 

Fraud or Misrepresentation 

When a business has suffered financial losses due to outright fraud or misrepresentation of another party, it can bring a claim for fraud or misrepresentation. 

Tortious Interference

A third party’s unlawful interference with a company’s business relationships resulting in economic hardship, such as attempting to disrupt an agreement between two parties, may be grounds for a legal claim of tortious interference.

What to Do If Your Business Is Sued?

It can be stressful to receive a demand letter threatening legal action or the news that another business or individual has filed a commercial litigation lawsuit against your company, but it is important to remain calm. There are strong defenses to commercial lawsuits and tactics to resolve them, such as mediation, even before reaching litigation. After reviewing the complaint, contact a commercial attorney who will defend your company against these claims. 

Call a Chicago, IL Commercial Litigation Attorney

At Teller, Levit & Silvertrust, P.C. our firm has been representing clients in the U.S. and abroad for a century. Our experienced Cook County, IL commercial litigation attorneys guard the interests of businesses involved in commercial disputes. If your business is concerned about a commercial dispute, call our offices at 312-922-3030 for a consultation to see how we can help.