3 Common Lawsuits Your Business May Face

Ripped up contract A wide variety of disputes can occur in the course of doing business. It is possible to resolve some of them without the need to progress through the courts. However, other situations may require business litigation to achieve the preferred outcome, including the following three issues:

  1. Breach of contract: Contracts exist to manage business relationships and interactions. Your business may use them to cover everything from employment agreements to payment plans and other matters. A broken contract with another party can give rise to a lawsuit that may result in monetary compensation or other remedies.

  2. Intellectual property: It is important to protect your ideas. That is where intellectual property comes into play. It pertains to copyrights, patents, trademarks, and trade secrets. If another company or person is infringing on your rights as an IP owner, litigation may allow your business to recover financially and/or stop the other party.

  3. Partnership disputes: Many circumstances can lead to partner and shareholder disputes. For example, they can arise over proposed process changes or efforts to introduce something new into the business. They can also occur over matters such as breach of fiduciary duty, dissolution rights, and derivative claims.  Regardless, you will want to protect and benefit from your ownership rights, which may require litigation.

Whether you are facing a lawsuit or someone has infringed upon the rights of your business, it is imperative to contact a business litigation attorney who can assist you in building a strong case. The experienced lawyers at Markoff Leinberger provide guidance and aggressive legal representation to small and middle-market businesses in a diverse range of litigation matters.

Get Free Help From Our Chicago Business Litigation Lawyers

Litigation can be a headache for business owners. Our attorneys strive to make it easier. We are committed to helping you overcome the issue at hand while protecting your best interests.

If you need legal representation, please call 312-726-4162 for a free consultation. Our attorneys will gladly discuss your case and guide your next steps. Markoff Leinberger serves clients from Chicago, all surrounding areas of Illinois, and across the country. 

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