When a Corporate Attorney Chicago IL Offers Can Be Invaluable

Corporate Attorney Chicago ILIf you are the stakeholder of a company tasked with recovering substantial damages after a loss, you may already be engaged in a dispute with your insurance carrier. As a result, it might be clear that without the assistance of a seasoned corporate attorney in Chicago IL, you may not be able to resolve your claim. At Childress Loucks & Plunkett, our attorneys have assisted many clients who were in similar circumstances. It’s an unfortunate fact that insurance companies may not offer policyholders a fair settlement unless they are represented by a respected corporate attorney. We have recovered millions of dollars on behalf of our clients whose claims were valid but their insurance companies refused to honor them. We welcome you to talk with a corporate attorney in Chicago IL from Childress Loucks & Plunkett who can review the circumstances of your case. After that review, you will have a firm understanding of how we may be able to assist your company in recovering damages from the insurance carrier.


The Nature of Insurance Claims After a Business Loss

The fact of the matter is that insurance carriers are strictly for-profit entities. During the course of their day-to-day operations they may fulfill their legal and moral responsibility to pay out moderate claims by policyholders. However, as a general rule, the more substantial the claim the more likely they will deny significant portions owed or else offer a paltry settlement that is far less than the value of the damages. During that process, a business that has suffered a substantial loss, be it vital machinery or buildings or other assets intrinsic for generating revenue, may suffer income loss in addition to the initial damages. If the claim does not result in a fair settlement, the business may be at risk for failing. This is unacceptable. If your company has suffered a substantial loss, it may be in your interest to be proactive by contacting us at Childress Loucks & Plunkett to speak with our corporate attorney in Chicago IL.


How an Experienced Corporate Attorney in Chicago IL Can Make a Difference

From the time that your firm experiences a loss, our corporate attorney in Chicago IL from Childress Loucks & Plunkett can protect your best interests. Depending on the circumstances of the damages your company incurred, we can provide the following legal guidance and services:

 

  1. A detailed analysis of your current and proposed insurance coverage in relation to your potential liability and operational vulnerabilities.
  2. A determination of your insurance carrier’s legal obligations to honor your company’s damage claim : A thorough and well documented damage claim that we prepare and submit to your carrier.


If the carrier refuses to offer a fair settlement or will not negotiate in good faith, your corporate attorney from Childress Loucks & Plunkett will be prepared to litigate your claim in court.