Naperville Business Attorney Discusses When to Consider Selling Your Business

When you own and operate a business, you must make many important decisions. Some effect the day-to-day operations of the company, while others are focused on the long-term health of the company. While you may not be comfortable with the idea, you may also need to decide if and when the time is right to […]

Naperville Business Attorney Discuss the Closing of East Dundee Pottery Company

As every successful entrepreneur knows, timing is a critical component of any business decision. Knowing when to open a new location, hire staff, reduce staff, introduce new products, or streamline a company’s catalog is crucial to profitability and the long-term health of the business. In my business law practice, clients regularly come to me with […]

Naperville Small Business Lawyer Offers Advice on Planning for Selling Your Business

When you create a new company, whether it is closely-held family business, business franchise, or any other type of business entity, you take responsibility for every stage of its life cycle. Purchasing an existing business also leaves you responsible for the company for the duration of your ownership. I often get asked by clients, however, […]

Chicago Sun-Times Purchases Chicago Reader

The Chicago Tribune reported recently that Wrapports, owner of the Chicago Sun-Times, has acquired the Chicago Reader, a deal which includes chicagoreader.com and straightdope.com, from New York-based hedge fund Atalaya Capital Management. While the terms of the business deal were not specifically disclosed, sources estimate that the purchase price was around $3 million. As some […]