Business Plans for the Future

An important part of business planning is to ensure that a business may continue operating after the owner is gone. This includes a financial cushion that will pay expenses that one should anticipate as part of running a small business. This type of planning is difficult, however, a small business attorney can help. Planning for […]

Keys to Writing a Contract

In the course of doing business, there are opportunities for disagreements everywhere.  That could be between the company and employees, or contractors, or consumers.  In order to limit any legal liabilities in these disputes, companies often turn to contracts. For a contract to be legally binding requires a few basic things.  The first is that […]

Hostess Goes from Liquidation, to Negotiation, to Possible Sale

On November 14th, Hostess, the maker of such iconic snacks as Ho-Hos, Donettes, and Twinkies announced that it would declare for a liquidation bankruptcy if union workers continued to strike.  The strike was in place since November 9th because Hostess was attempting to lower their workers’ wages by 8% by forcing a new contract on […]

Protecting Customer’s Privacy

As businesses continue to use off-site data sharing services such as Dropbox and GoToMyPC, data security becomes a very important part of any business.  When data is taken off of a firewall protected network, there are a lot of threats.  Whether it is data corrupting viruses or data stealing viruses a company has made an […]

Former Employee Seeking Lost Wages from Termination

An article in the Chicago Tribune details the financial tribulations of the futures brokerage firm Peregrine Financial Corporation during the week of July 9th, 2012.  On Monday the founder of Peregrine, Russell Wasendorf Sr., allegedly attempted suicide near his firm’s Cedar Rapids headquarters.  It is believed that this was due to the investigation of fraud […]

Wells Fargo to Settle Racism Allegations with $175 Million

According to a Chicago Tribune article, the nation’s largest residential mortgage initiator, Wells Fargo, has been accused of unfairly discriminating against minority borrowers.  These allegations state that Wells Fargo violated fair-lending laws when dealing with eligible African American and Hispanic borrowers from 2004 to 2009.  This date range was during the housing boom and affected […]

Motorola tries to Settle Royalty Dispute with Microsoft

Microsoft has a patent on a technology called ActiveSync which updates calendars and other data such as contacts, emails and tasks.  This proprietary software is used in all phones that use Google’s Android operating system.  As such Microsoft has been settling with all other phone manufacturers except for Motorola.  Royalties have yet to be set […]

Antitrust Probe into Cable Companies

Internet video providers have found success in recent years by offering content that can stream to TV, computers, tablets and smart phones.  YouTube, Netflix, and Hulu have saturated the media market to such a degree that most people are cutting out the high prices of big cable providers such as Comcast and DirecTV.  Now there […]

Safety Called into Question at Illinois Gun Range

A local business in Elmwood Park had a bad visit from OSHA on January 21st 2012.  OSHA, or the Occupational Safety and Health Administration, is a government body that ensures safe and healthy work environments.  Illinois Gun Works Ltd. was cited for 28 alleged safety violations, which corresponds to over $100,000 worth of fines.  Illinois […]

Illinois Bakery and Former Pastry Chef Settle Business Dispute Outside of Court

According to a recent article in the Chicago Tribune, Evanston bakery owner Susan Davis Friedman filed suit against former pastry chef Maryann Huppert in the Cook County Circuit Court, alleging that Huppert had stolen a binder containing key bakery recipes, including one of the bakery’s signature items, the Cinnamon Bomb. In her lawsuit, Friedman claimed […]