Resolving Contract Disputes: Strategic Advocacy for Business Success
Being able to negotiate, finalize, execute, and enforce contracts is an important part of business success. This is why successful businesses invest the time and effort to ensure their contracts are drafted with favorable terms, and include obligations that can be performed without default.
However, despite a business’ best efforts, contract disputes can still occur over certain aspects of their agreements. For various reasons, parties can fail to fulfil their own part of contracts, or insist their obligations under the contract are different. In these circumstances, it will be necessary to involve an experienced contract disputes attorney who can help enforce the contract and secure full performance.
At The Law Offices of Haytham Faraj, our commercial and business litigation attorneys offer extensive experience and skill in contract law to businesses in the Chicago area and throughout Illinois. For over 25 years, we have provided businesses with best-in-class representation in countless breach of contract suits. We understand the delicate nature of business disputes and are able to propose creative solutions that not only help resolve the dispute, but ensure business does not suffer as a result.
Commercial and Business Litigation Attorneys in Chicago
Businesses face a complex web of obligations stemming out of their relationships with supply partners, clients, and regulatory entities. In most circumstances, these obligations are regulated by contracts which govern the term and context of these relationships.
When disputes occur in these contracts, it is not always clear who is at fault, or to what extent, especially where the terms of the contract are too vague or subjective. Regardless, your business deserves the security of knowing your contractual rights will be accurately and fairly represented in the event of a dispute.
At The Law Offices of Haytham Faraj, we represent businesses and professionals in disputes that may occur with affiliates, competitors, vendors, employees, or consumers. We know that business disputes, when managed incorrectly, may get out of hand and cost the business valuable partnerships or opportunities. Our business-savvy attorneys are prepared to work hard to present the most creative and effective solutions that help resolve your disputes and protect your business. Some of the services we provide to our clients include:
Contract disputes
Where there is no or improper performance of a contract, or where one party has totally failed to fulfil its obligations, our attorneys can help with enforcing of such contracts. We keenly understand the relevant principles of law regarding when a breach of contract has occurred, and we are prepared to employ this knowledge in obtaining just compensation for such breach.
Unfair competition
Our attorneys are experienced in competition law and related legal fields. Every business deserves to compete on a legal playing field, according to rules and regulations set by law. When one business attempts to use underhand tactics to force illegal contracts or compete unfairly, you can trust our attorneys to put a stop to this.
Civil RICO claims
We are experienced at prosecuting and defending civil RICO claims, including lawsuits instigated by competitors and charges brought by regulators. Often, these cases involve misrepresentations or unnecessary blow-up of facts that make it seem like an illegality has occurred. Where the evidence exists, we are prepared to help you set the records straight and deflect the liability of these charges.
Interference with contract
It is a fundamental principle of contract law that parties must have a mutual, and independently-reached consensus. Where a third party attempts to frustrate the performance of a valid contract, we are able to help you identify, implicate, and hold the responsible party accountable.
Securing the Enforcement of Business Contracts
Apart from containing the obligations that bind companies in the conduct of their daily business, these contracts also contain the mass of rights that provide an advantage to the business. The experienced attorneys at The Law Offices of Haytham Faraj understand the importance of these rights and how they contribute to a business’ bottom line. We are equipped with the skills and determination to ensure these contracts are honored by your counterparties and that your business enjoys the rights it is entitled to.
Contracts are regulated by laws that are almost as old as the field itself. Humans have been instituting and finalizing contracts since the start of civilization, and over this time, we have come to accept certain elements as vital to creating a valid contract. Our attorneys keenly understand the complex network of rules and principles that contribute to creating a valid contract, as well as the applicable exceptions.
Generally, the law regards a contract as valid and enforceable when its formation includes the following elements:
Offer
Every contract begins with a proposal of certain terms by one party to another. This proposal is regarded as an offer in law and is required to be capable of being accepted. This means it must be definite, clear, and made with intention to be bound upon acceptance.
Acceptance
After an offer comes acceptance. This is regarded by the law as a clear, unequivocal, approval of the terms of an offer and assent to those terms. Acceptance must also be clear, definite, and intended to create legal relations.
Consideration
Every contract must have some benefit that each party obtains from the agreement. In most cases, this consists of money going to one party, and some other benefit going to the other.
Capacity
Finally, both parties must be capable in law to enter and perform contracts. Where either party has some factor that limits its capacity, the contract cannot be valid.
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