Chicago Breach Of Fiduciary Duty Attorneys
Welcome to Business Law Group. Our staff is committed to providing clients of all sizes with businesses comprehensive legal services pertaining to breach of fiduciary duty claims, whether it be bringing a claim or defending against one. Disputes over breach of fiduciary duty can prove very harmful to the reputation and financial health of your business, besides causing instability.
As “The Chicago Business Lawyers®,” in-depth knowledge of fiduciary obligations and business law underlies every case to ensure that your interests are looked after at every turn. Our team is dedicated to strategic, proactive representation unique to your situation and tailored to meet your exact needs. We invite you to call 224-353-6498 for your free consultation to discuss your fiduciary duty dispute and how we can help ensure that it is resolved effectively and efficiently.
About Us
Business Law Group was formed by Ryan Van Osdol, a leading attorney known for business litigation and successful results in the courtroom. Mr. Van Osdol has been named a Rising Star by Super Lawyers for eight consecutive years, which reinforces his commitment to providing quality legal services for businesses in Chicago and its greater surroundings. Our firm will be devoted to cost-effective solutions under his guidance when it comes to helping businesses through the maze of disputes arising from breaches of fiduciary duties. We understand the challenges our clients face, and we commit all our resources to securing the most favorable outcome possible in every case.
How We Proceed
The Business Law Group approaches claims of breach of fiduciary duty with both aggression and strategy. Among the most significant legal obligations that come into being when business relationships are established is the duty of a fiduciary, and a breach of such duty is considered a serious offense. We are keenly aware of the sensitive balancing act between business relationships and the protection of both your legal and financial interests.
Our lawyers carefully assess each case, considering the individualized duties at issue, the nature of the breach, and the harm such breach has caused to your business. Whether pursuing a claim or defending allegations, our aim is to provide quality legal services with as little disruption to your business as possible while maximizing your potential for success. We also offer our General Counsel Package so that our clients have legal support on a continuing basis with legal advice at a predictable monthly cost, eliminating the uncertainty of fluctuating legal fees.
Business Breach Of Fiduciary Duty Legal Services
At Business Law Group, our lawyers provide representation on a wide range of legal issues related to fiduciary duty. Fiduciary relationships lie at the very heart of the requirement that business be conducted in an ethical manner; consequently, breaches of fiduciary duties can expose business professionals to severe legal and financial liabilities. Our team at Business Law Group is well-versed in Illinois fiduciary law and prepared to represent any client prosecuting or defending against a claim. We adapt our services to suit the unique needs of your business, helping you resolve your disputes while maintaining the integrity of your reputation and protecting your assets.
What Is A Fiduciary Duty?
In business, a fiduciary duty is generally a legal duty that one party accepts to another—a duty for the fiduciary to exercise utmost honesty in the best interest of another. Generally, it is believed that the common fiduciary duties include the duty of loyalty, care, and good faith. These are duties that often occur in relationships such as partnerships, corporate directors and officers, and trustees. Fiduciary duty calls for the fiduciary to put the interest of the principals before his or her own interests in making decisions that would benefit the business and the stakeholders involved.
This may be subject to legal action and heavy damages in case of failure to perform the duties. At Business Law Group, we counsel businesses regarding the scope of their fiduciary duties under Illinois law, specifically under the Illinois Business Corporation Act (805 ILCS 5/). Our firm aims to ensure fiduciaries discharge their obligations and that any breaches are addressed in an effective and timely manner.
Breach Of Fiduciary Duty Claims
Most typically, breaches of fiduciary duty claims will arise from a fiduciary’s self-dealing, misappropriation of the principal’s assets, or conduct that is adverse to the best interests of the business. The ramifications could be huge and include financial losses, destroyed relationships, and even legal penalties. We at Business Law Group, represent businesses and individuals in both filing and defending breach of fiduciary duty lawsuits.
Our group of legal professionals carries out very detailed investigations to collect evidence in support of your position and ensure that the breach is redressed properly. Whether you are seeking damages, equitable relief, or any other available remedy, we will guide you through the legal process involved, along with all associated proceedings, to a favorable resolution.
Representation For Plaintiffs
In the event that your business has been damaged by means of a breach of fiduciary duty, the affected individual should immediately file a lawsuit against that person for his or her unruly behavior. Our firm represents plaintiffs in breach of fiduciary duty cases on a contingency basis and works endlessly to achieve financial compensatory damages as well as other damages. Our attorneys know how to effectively assert claims against business officers, partners, trustees, and other fiduciaries who have breached their legal responsibilities. We craft strong arguments based on sound evidence to help ensure that your company is properly recompensed for the damage inflicted through the breach.
Defendant’s Counsel
An action for breach of fiduciary duty has the ability to present extremely severe legal and personal consequences. At Business Law Group, we use our experience and knowledge to create the most effective possible defense strategies for businesses and individuals who have allegations of breach lodged against them. We will work with you to investigate the claims against you, explore any available defenses for you—like the absence of duty or fiduciary duty in good faith—and challenge the validity of the allegations. Our work is aimed at protecting your business from liability and assuring that you are given a fair, authorized chance to represent your case. We work zealously to protect our client’s rights through any litigation challenges related to fiduciary duty.
Investigation And Evidence Gathering
To be in a position to establish a successful breach of fiduciary duty claims, investigations must be detailed and cover comprehensive evidence gathering. At Business Law Group, our attorneys carefully investigate the claim of breach by examining books, corporate documents, and other documentation. We work diligently to uncover facts and evidence that support our client’s position by retaining financial experts, forensic accountants, and other experts in related fields. Whether you are prosecuting a claim or defending a claim brought against you, our lawyers are meticulous in laying a strong evidentiary foundation for your case so that we can advocate your position powerfully before the courts or in settlement negotiations.
Litigation And Dispute Resolution
If negotiation or mediation fails, we will litigate to resolve disputes arising from a breach of fiduciary duty. Our battle-hardened litigators are prepared to represent your business in court and argue for the protection of your rights and interests. We will then develop a litigation strategy that best serves your business goals and works toward the most positive outcome. While litigation may often be long, complex, and generally tiring, we retain an absolute commitment to keeping you informed throughout and doing whatever is best for your business. Also, where appropriate, we look at alternative dispute resolution processes, such as mediation or arbitration, to accomplish the goal at less cost and shorter time.
Corporate Governance and Fiduciary Duty Avoidance
The most prudent and defensive approach to avoiding a breach of fiduciary duty action is to be fully compliant with all fiduciary obligations. We help companies with preventative legal services such as corporate governance reviews and fiduciary duty compliance programs. Our lawyers will deal directly with directors, officers, and trustees to ensure that they understand what their legal duties are and how to make proper decisions in the best interest of the business. With proper corporate governance practices in place, we’re able to protect your business from future legal challenges.
Fiduciary Duty Matters
Issues surrounding fiduciary duty are remarkably industry-specific. At Business Law Group, we have represented parties to breach of fiduciary duty claims in several industries, including financial services, real estate, and not-for-profit. Our legal professionals understand the unique challenges facing businesses in these industries and adapt our legal strategies to address the particular fiduciary duties and regulatory requirements of each. Of course, our experience in those industries allows us to provide the focused legal services needed to protect the business and its highest-level personnel.
Contact Our Chicago Breach Of Fiduciary Duty Attorneys
At Business Law Group, we are equipped to help businesses resolve disputes with regard to breach of fiduciary duty while at the same time protecting businesses and providing assurance that businesses remain within the guidelines of Illinois law. Be it a claim you are pursuing or defending, our veteran attorneys will give you strategic legal advice to achieve a favorable outcome. Contact our Chicago breach of fiduciary duty attorneys at Business Law Group by calling 224-353-6498 to receive your free consultation. Let us help ensure that your business’s future is protected with effective and strategic legal representation.
