Breach of Contract Litigation

Chicago Breach of Contract Lawyer

Legal Support for Chicago Businesses Facing Contract Disputes

When you enter into a legally enforceable agreement, you expect all parties to live up to their contractual obligations. When another business entity fails or refuses to deliver, it can lead to your company suffering substantial financial consequences. You will likely need to consider legal action to hold the offending party accountable and recover damages.

Our Chicago breach of contract lawyer can give you the guidance your business needs in handling these intricate matters. Our firm knows how Illinois adjudicates breach of contract cases and can work to deliver the results your company needs to move forward. If you have been improperly accused of a breach of contract, we can also give your company the vigorous defense it will need.

If your company is suffering due to a breach of contract, do not wait to call our number (312) 647-2483 or contact us online to discuss your legal options with our Chicago breach of contract attorney.

Understanding Your Recovery Options After a Contract Breach in Illinois

Most commercial agreements are designed to benefit all companies involved. A failure to uphold a contract can trigger more than direct financial losses. For example, your company might ratify a contract with a vendor that will supply a certain amount of a product on a fixed timeline. Should the vendor then be unable to live up to the terms of that contract, they leave your company in a vulnerable position. Your lack of the product that was supposed to be supplied could leave your business unable to fulfill its contractual obligations with other companies, leaving you potentially exposed to legal liability due to another entity’s failure.

In the state of Illinois, a breach of contract claim will evaluate the following factors:

  • The contract’s validity and enforceability
  • The performance and behavior of the parties
  • The extent of the breach of contract of the offending party
  • The injuries directly resulting from the breach

Financial losses of numerous types can potentially be recovered when a breach of contract occurs. Injured parties are not necessarily limited to only direct and definable, or “actual,” financial consequences. They may even be able to recover losses stemming from “substitutions,” or the effort and resources necessary to finding a new entity to replace the offending party.

Depending on the situation, an injured party has several means of recovering losses stemming from a breach of contract, including:

  • Enforcing the contract’s terms. Some robust legal agreements will include provisions that govern what should happen if a party fails to live up to their obligations. This can include financial penalties when certain deliverables are not met
  • Canceling the contract and pursuing a restitution lawsuit. If the contract’s terms allow it to be canceled, the injured party might choose to “cut their losses” and sue to be put in the position they were in before the contract was formed
  • Pursuing legal action to recover compensatory damages. Compensatory damages are the actual damages or losses suffered by the non-breaching party incurred as a result of the breach of contract and can include, among other things, the amount of gain the injured party would have received if both parties had fully performed the contract.
  • Pursuing legal action to recover liquidated damages. “Liquidated damages” put a number to the nebulous, difficult-to-define financial losses that a party might experience in the event of a breach and is contained as one of the contract provisions at the time the parties entered into the contract. When a breach occurs, the injured party can sue the offending party to recover the financial terms previously agreed to.

Fraudulent misrepresentation is a common feature of breach of contract cases. An unscrupulous entity might intentionally lie, distort, or omit relevant facts to compel a business to enter into a contract that, for example, the offending party knows it cannot fulfill. This is an example of an intentional tort and can entitle the injured party to cancel the contract without penalty and recover additional damages.

In issuing monetary awards for damages sustained in a breach, the state of Illinois aims to place the injured party in the position they would have been if the terms of the contract had been successfully met. No one necessarily expects or plans for a breach of contract to occur, so when one does, you may be uncertain about how to proceed. Our Chicago breach of contract attorney can evaluate your situation and identify your legal options.

Resolving Breach of Contract Issues in Chicago with Local Insight

Chicago businesses face unique challenges when dealing with breach of contract disputes. The city's vibrant economy and diverse industries mean that contractual relationships are often complex and multifaceted. When a breach occurs, it can disrupt not only your operations but also your standing within the local business community.

Our firm understands the intricacies of doing business in Chicago. We are familiar with the local regulations and the expectations of Chicago's business environment. Whether your company is located in the bustling Loop, the innovative West Loop, or the industrial corridors of the South Side, we know the local landscape and can provide tailored legal solutions.

Chicago's local government entities, such as the City of Chicago Department of Business Affairs and Consumer Protection (BACP) and the Cook County Clerk's Office, play a crucial role in regulating business practices and resolving disputes. While we do not claim any direct partnerships, we are well-versed in navigating the resources and guidelines these entities provide to support businesses in the area.

Navigating Through Breach of Contract Challenges on Your Behalf

One common pain point for Chicago businesses is the timely fulfillment of contracts, especially in industries like manufacturing, logistics, and technology. Delays or failures in these sectors can have a ripple effect, impacting supply chains and customer satisfaction. Our legal team can help you address these issues promptly.

We also recognize the importance of maintaining strong business relationships in Chicago. A breach of contract can strain these relationships, but with our guidance, you can pursue resolution methods that aim to preserve professional ties while seeking the compensation you deserve.

If your Chicago-based business is grappling with a breach of contract, do not hesitate to reach out. Our local knowledge and legal acumen can help you navigate these challenges effectively. 

Defending Your Company Against Breach of Contract Claims

For one reason or another, you may find that your company has been accused of failing to live up to its obligations and is being sued for damages. This represents both an immediate financial risk as well as a potential reputational crisis. You will likely need experienced legal representation to carefully and effectively navigate the situation. Our Chicago breach of contract lawyer at the Kenny Law Firm can assess the facts of your case and give you the vigorous defense you will need to achieve a favorable outcome.

Get the support you need with breach of contract claims. Call (312) 647-2483 or contact us online to schedule a free initial consultation with our Chicago breach of contract attorney.

Commonly Asked Questions

What Legal Actions Can a Business in Chicago Take When Faced with a Breach of Contract?

Businesses in Chicago have several legal remedies when dealing with a breach of contract. They can enforce the contract's terms, which may include financial penalties for unmet deliverables. Alternatively, they can cancel the contract and file a restitution lawsuit to return to the position they were in before the agreement. Additionally, they can pursue compensatory damages to cover actual losses incurred or liquidated damages as defined in the contract. It's essential to consult with our Chicago breach of contract attorney to explore the most appropriate course of action for your specific situation.

Why Should I Choose Your Firm to Handle My Breach of Contract Case in Chicago?

Our firm is well-versed in how Illinois adjudicates breach of contract cases, providing tailored guidance for your business's unique situation. With over 20 years of experience, we understand the financial and operational impact a breach can have on your company and are committed to pursuing the results you need to move forward. Whether you're seeking to hold another party accountable or need a vigorous defense against accusations, our Chicago breach of contract attorney is equipped to handle the complexities of your case and work towards a favorable outcome

We Care About Your Experience

  • He was willing to take my case and try to get it back on track. For the first time in a long time, I felt that I just might get justice, be free to enjoy my First Amendment right to freedom of speech.

    - Shellie
  • “Thank you Jim for helping us when no one else would take the time.”

    - Michael & Peggy
  • “Thank you for all of your assistance and expertise.”

    - Brittany

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