Tesla CEO and newly established Twitter CEO Elon Musk is facing shareholder legal challenges regarding a pay package he was granted by Tesla amounting to more than $55 billion. The plaintiff shareholder maintains that Musk had a significant friendship with other Tesla...
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Business Litigation
ADR options to consider before litigating your business dispute
On Behalf of Walker Morton LLP | Jul 6, 2022 | Business Litigation
It is not unusual for your business to have a dispute with an employee, vendor or another business. Before resorting to litigation to resolve the issue you may want to consider two forms of alternative dispute resolution: mediation and arbitration. Mediation Mediation...
Customer sues McDonald’s for voice-recognition technology
On Behalf of Walker Morton LLP | Jun 18, 2021 | Business Litigation
Business, particularly restaurants and other service industries, are changing commerce in this country by using artificial intelligence and other technology. But new technology comes with fresh problems such as business litigation. A customer at an Illinois McDonald’s...
Potential remedies in a contractual dispute
On Behalf of Walker Morton LLP | Jun 14, 2021 | Business Litigation
A breach of contract in a business setting can be devastating for both parties, leaving the merchant without necessary inventory while also leaving the supplier in a poor position if they failed to deliver goods in a timely fashion. If another party has failed to...
What is alternative dispute resolution?
On Behalf of Walker Morton LLP | May 5, 2021 | Business Litigation
Running a business in Chicago can be stressful and complex. Business owners and leaders must deal with a vast array of problems and situations on a daily basis. When conflicts arise and business operations are threatened, they may seek methods of resolution that are...
What are my legal options if my partnership has soured?
On Behalf of Walker Morton LLP | Feb 2, 2021 | Business Litigation
Many Chicago residents do business with one or more partners. In many cases, the business partners will formally organize into a business association like a limited partnership or a limited liability partnership. Whether formally organized or not, partnerships share...
New Bill implements pretrial interest awards
On Behalf of Walker Morton LLP | Jan 20, 2021 | Business Litigation
Business laws are constantly changing as laws change and court cases interpreting new and old laws happen monthly. One such example of the changing nature of the legal landscape that businesses must endure is a recent bill that allows litigants to collect pretrial...
Craft strong business contracts to avoid litigation and legal challenges
On Behalf of Walker Morton LLP | Nov 4, 2020 | Business Litigation
Contracts are powerful legal documents. They put into terms the agreements that parties make regarding diverse professional relationships such as employment, sales of goods, and attainment of services. When Chicago-area businesses take their business contracts...
The 2-part approach to due diligence in a commercial acquisition
On Behalf of Walker Morton LLP | Aug 13, 2020 | Business Litigation
Due diligence is a process involved in any large purchase to ensure that the potential rewards justify the risks involved. It is at least as important when making a commercial acquisition as it is when making a large personal purchase, perhaps even more so. ...
What issues must you anticipate with an employee severance package?
On Behalf of Walker Morton LLP | Jul 15, 2020 | Business Litigation
When you first became a business owner, the farthest thing on your mind was laying off or otherwise terminating employees. You expect to offer a severance package for the first time in the days to come, and you want to cover all your legal bases and do right by your...
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