Reasons to Form an Illinois S Corporation

When starting up a company in Illinois, you will research various formation options available under state law and do your research to find the right fit for your business. Many in your position lean towards a corporation because of the benefits it offers, both for owners and the entity. However, you may not realize that […]

Options when Buying or Selling a Business in Illinois

Because every business is unique, every deal involving a purchase or sale will bear numerous, distinct details that need to be addressed from a structuring point of view. Still, there are just three basic options for buying or selling a business: Stock purchase, asset acquisition, or a merger of the companies. The Illinois Business Corporation […]

Four Reasons Your Illinois Business Needs General Counsel Services

Illinois business owners know the importance of retaining a lawyer for formation and start-up, as well as drafting and reviewing contracts. Not as many realize how critical it is to have access to general counsel on a regular basis. Some stakeholders may only reach out to an attorney after an issue has emerged, at which […]

Naperville Business Attorney Addresses Advantages of an LLC

For an entrepreneur, one of the most important decisions to be made in the early stages of business ownership is the selection of an appropriate business entity structure. With a number of options from which to choose, deciding on the best one requires careful consideration of the advantages and potential drawbacks of each, as well […]

Naperville Business Lawyer Discusses Plans for Unique Former Headquarters of Multi-Level Marketing Basket Company

In the age of social media, multi-level marketing companies seem to be more prevalent than ever before. For people of a certain age, it is nearly impossible to scroll through Facebook without seeing at least one friend or acquaintance posting about the cosmetics, essential oils, kitchen gadgets, or dietary supplements that changed their life—and they […]

Naperville Business Lawyer Discusses Rejection of Medical Marijuana Super Bowl Ad

This Sunday, the New England Patriots will take on the Los Angeles Rams in Super Bowl LIII. The game will kickoff around 6:40 p.m. EST at Mercedes-Benz Stadium in Atlanta, Georgia. Of course, the Super Bowl represents much more than just the National Football League (NFL) championship. It is also a media spectacle and arguably […]

Naperville Business Lawyer Discusses Common Types of Business Lawsuits

When you own and operate a small business, it can be the realization of a lifelong dream. Many business owners are drawn to the freedom and financial opportunities offered by owning and running a successful company. As a business law attorney and a small business owner, I also realize the risks that come with business […]

Naperville Business Lawyer Discusses the SEC Lawsuit Against Tesla and Elon Musk

The United States Securities and Exchange Commission (SEC) is a government agency that is tasked with protecting investors, maintaining “fair, orderly, and efficient markets, and facilitating the formation of capital. According the SEC itself, it “strivers to promote a market environment that is worthy of the public’s trust.” As a business law attorney, I make […]

Naperville Business Lawyer Talks About Overly Broad Non-Compete Agreements

Many employers require their workers to sign non-compete agreements (NCAs), especially when the employees have unique talents or abilities. Employers are within their rights to try and limit any damage that may be caused to their brand by an employee’s departure, but if they overstep legal bounds, the non-compete agreement may be declared invalid. As a […]

Naperville Business Lawyer Discusses America’s Second Trillion-Dollar Company

Determining the true market value of a given company is among the most complex calculations in all of the business world. There are many different ways to value a company, but they all boil down to a simple premise: bigger is better—at least in terms of stability and productivity. As a business law attorney, I […]