David A. Axelrod & Associates litigates tough business disputes, including those involving fraud and similar deception. Because these disputes are often “business to business,” they are more inclined to settlement than other types of cases. Nonetheless, the firm diligently prepares, as it must, to try every case. The firm has tried and resolved cases involving almost every type of commercial matter. David A. Axelrod & Associates has successfully represented its clients in disputes involving real estate, fraud, mortgage fraud, breach of fiduciary duty, close corporation and partnership disputes, manufacturer’s representative commission contests, employment discrimination, ERISA and employee benefit plan litigation, and insurance coverage.

David A. Axelrod & Associates’ fraud and commercial litigation cases have included suits against a national accounting firm, real estate developers, ERISA benefits administrators, foreign multinational manufacturing companies, a multinational surety, a major sub prime lender, and many other entities. We have successfully opposed some of the largest and most respected law firms in the country. The firm has recovered millions of dollars for its clients. Although the firm’s commercial and fraud cases are often valued in excess of seven or eight figures, David A. Axelrod & Associates is also able to efficiently handle matters with lesser amounts
at stake.

This approach has resulted in substantial successes for the clients of David A. Axelrod & Associates as follows:

• Recovered over $5,600,000 through arbitration in a complicated real estate/fraud matter in which the client was a
  co-investor in a condominium conversion project who was squeezed out by another investor;
  
  
• Recovered over $2,600,000 for a construction and lighting business which had the money stolen from its corporate profit sharing plan by one of its employees.  The recovery was from a series of businesses including the former employee, the investment advisor firm, a national accounting firm and the corporate administrator of the profit sharing plan;
  
  
• Won a $1,672,083 verdict on behalf of a business client who took a promissory note in conjunction with the purchase of real estate out of bankruptcy. The defendant claimed that the promissory note had been fraudulently procured and, if not,  had been satisfied;
  
  
• Negotiated a $1,350,000 recovery of unpaid sales commissions after two days of trial from a multi-million dollar international electronics firm who had terminated the sales representatives and argued that there were no commissions due under their contracts;
  
  
• Collected $1,290,000 for a construction and demolition firm from an international chemical manufacturer for breach of contract, fraud and conversion arising from the unlawful confiscation of thousands of pounds of scrap metal which belonged to the client;
  
  
• Recovered $1,250,000 from a major national retail chain for infringement of a copyrighted fabric pattern which had been used on patio furniture throughout the country;
  
  
• Procured $1,125,000 for a mortgage banking company who had been fraudulently induced by a large finance company to issue mortgage loans against what turned out to be worthless property;
  
  
• Won a $1,083,906 verdict from a Chicago real estate broker and investor who cheated the client out of real estate and personal wealth.  The broker was found to have defrauded the client as well as breached his fiduciary duties thereby causing the judge to assess punitive damages as part of the award; and
  
  
• Won a $700,000 jury verdict on behalf of a client who purchased an office building based upon the understanding that the building contained limited amounts of asbestos caused by the report of a nationally known environmental inspection firm.

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