Business Law- How to Enforce Obligations in a Business Contract

If you are looking for an experienced, knowledgeable, and comprehensive legal team to assist you throughout your specific small business law needs, then there is only one way to go.  With more than a decade of experience in the field serving hundreds of thousands of clients across the state of Illinois and having worked with hundreds of small, medium, and large companies throughout the years, we, the Chicago business law firm are sure that we can help you resolve whatever problem your company is facing today.

business attorney in Chicago

Our primary area of expertise revolves around commercial leases, corporate filings, franchise agreements, general business law, and other areas of importance to our clients. As a small business attorney, we believe that every corporation, partnership, limited liability company, and sole proprietorship should have a customized set of documents and agreements in order to protect their rights and maximize their profits. This is why we are always happy to suggest that you contact us to discuss your specific needs and our experience will be there to assist you every step of the way.

Commercial Leases – Every corporation and partnership requires a proper and well drafted commercial lease in order to facilitate the transfer of ownership. Without these legally binding contracts, many owners and investors would not be willing to enter into business relationships with the corporation or partnership. Thus, without these contracts the owners would be unable to sell or transfer their ownership of the business to others, and/or would be reluctant to finance new projects within the corporation or partnership. Therefore, commercial leases are very important to the success of every growing business. However, finding the right commercial lease and having it handled by the best legal team in town can be a difficult and daunting task. Therefore, our firm offers its clients an extensive range of high caliber and experienced attorneys who are committed to ensuring the success and prosperity of every business venture.

Mergers and Acquisition Activity – The process of buying and/or selling a business can involve many complicated transactions, many of which are not understood by inexperienced or untrained individuals. When companies are in the process of merging and acquisition, they must hire an experienced and knowledgeable corporate lawyer to conduct due diligence and a thorough analysis of the transaction to ensure that it will be in the best interest of the company as a whole and the individual as well. Experienced mergers and acquisition attorney will ensure that due diligence is performed and all of the appropriate documentation is created, signed, and served.

Business Bankruptcy – Every successful business transaction and every successful business bankruptcy is driven by the money of one of the founders. Many of the most successful business transactions in history have been initiated by the efforts and financial investments of the founder(s). For this reason, a seasoned corporate law firm will understand and ensure that all of the relevant documentation and negotiations are done in a timely manner to ensure that the proceeds of the sale of a business are dispersed in a manner that meets the needs of each of the parties involved and will be in the best interest of the business as a whole.

Other Legal Issues – The business lawyer, a client chooses should also be experienced in handling other complex and specialized legal issues, including business merger and acquisitions, mergers and acquisitions, landlord and tenant issues, commercial lease related matters, and tax-related legal issues. It is also important for your business lawyer to understand and be familiar with all aspects of the local, state, and federal tax laws. If you choose an inexperience lawyer with a limited amount of commercial law experience, the two of you may find that you have difficulties with the interpretation of certain terms utilized in your contract or when resolving certain legal issues.

This will likely result in potential complications in future business activities. As a result, your business lawyer needs to be well versed in all of the applicable business laws and regulations in your specific area. Additionally, business lawyers must know how to deal with issues such as patent and copyright infringement, mergers and acquisitions, corporate fraud, and more.

 

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