Chicago Business Dissolution Attorneys
No matter how strong the professional relationship, friendship or family connection is at the start of a business partnership, there comes a time in nearly every successful business when the partners decide to sell the company, break up or exit for personal reasons. If you have reached that day in your business partnership, talk to a lawyer at Jordan & Zito Attorneys at Law in Chicago.
Our team of Chicago-based attorneys have dedicated their practice to business litigation and transactional law. We use our experience in the field of complex commercial litigation to guide our clients through minimizing the risk of litigation when breaking up, selling or exiting a business in Illinois.
When a business relationship ends, the process typically follows one of two paths. The most cost-effective option involves negotiating a friendly separation. This often results in a buyout or a planned closing. However, disputes over value or misconduct can lead to a lawsuit. In court, a judge decides the fair value of interests or how to divide assets. You need a strategy for either scenario.
Legal Counsel For Business Dissolution
Dissolving a business without legal counsel creates financial risk. A lawyer does more than draft paperwork. We help you identify liabilities and avoid tax errors. Our attorneys negotiate terms that limit liability and protect your personal assets. If we cannot reach an agreement, our lawyers represent you in court. They litigate fair value disputes and resolve creditor issues. Our goal is to finalize the split and prevent future litigation.
Whether you are in the middle of a partnership dispute that you don’t think can be resolved, you are selling your businesses or one partner simply wants to retire, you will benefit from a strong, guiding hand through the sales, buyout, liquidation or succession process.
Jordan & Zito Attorneys at Law was founded in 2003. Our attorneys have nearly 70 years of combined experience in these transitions. They have negotiated breakups and sales for all types of business entities, including limited partnerships (LPs), limited liability companies (LLCs), general partnerships, and corporations.
Schedule A Free Consultation With Our Chicago Business Dissolution Attorneys
We have helped many clients with exit strategies, including business dissolution, selling or filing for corporate bankruptcy. Call us at 312-489-8174 or use our convenient online contact form to arrange an opportunity to discuss your business situation with one of our attorneys.