Tag: mediation
What Should Business Owners Know About Partnership Disputes?
Posted on October 4, 2024
Business partnerships are some of the oldest and most popular legal structures for Illinois businesses. Partnership disputes may inevitably come up in the course of doing business as partners disagree on goals or financial obligations, for instance, or when one partner breaches a fiduciary duty to the partnership. Unless business partners have entered into a partnership agreement, the Illinois Revised Uniform Partnership Act (RUPA) provides default rules governing the creation and running of a partnership and comes into play when partnership disputes occur. An experienced business attorney can advise business […]
6 Tips for Avoiding Breach of Contract Disputes
Posted on June 6, 2024
In the world of business, contracts are incredibly important, serving as the foundation for multiple types of agreements between various parties. A breach of contract can lead to costly disputes, and these situations can disrupt a business’s operations and damage its relationships. Fortunately, business owners can take proactive steps to protect their rights and minimize the possibility of disputes when drafting and negotiating contracts. An experienced attorney can help ensure that contracts meet the specific needs of a business, providing peace of mind while also ensuring that the proper steps […]
When Can Contract Disputes Be Resolved Through Mediation?
Posted on January 29, 2024
Disputes involving contracts can arise in many situations, and they may affect a business in many ways. When parties to a contract find themselves at odds over the terms of a contract, an alleged breach of contract, or other issues related to the agreement, they may have multiple options for addressing these concerns and resolving their disputes. In some cases, contract disputes may be resolved through litigation in court. However, there are alternative methods of dispute resolution that can save time and money and preserve relationships. One such method is […]
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