Recreational Cannabis: Quick Facts for Employers

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The Cannabis Regulations and Tax Act (the “Act”), legalizing the recreational use of cannabis in Illinois, was signed into law on June 25, 2019. The Act details the rights, restrictions, and obligations related to 1) an individuals’ use of cannabis; 2) […]

8 New Changes To The Illinois Limited Liability Company Act

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In the spring of 2016 the Illinois House and Senate passed the HB4361, which was signed into law on July 28, 2016, by Governor Bruce Rauner. This bill, which becomes effective July 1st, brings about sweeping changes to the Illinois Limited Liability […]

How To Decide Which Business Entity Is Right For You…

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As more and more professionals turn to entrepreneurship in this tough job market, their concerns shift to the best business entity to establish, as well as the advantages and disadvantages of the legal structure under which their business has to operate. […]

By |July 8th, 2015|Business Formation, Selling Advice|0 Comments

Why Partnership Agreements Matter

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Starting a business with one or more partners is a lot like the beginning of any relationship, all parties’ hopes are high and all either one can see is a long-lasting, picturesque bond. During the honeymoon phase the relationship flourishes and […]

By |October 22nd, 2014|Business Formation, Business Growth, Selling Advice|0 Comments

Top 3 Legal Missteps Entrepreneurs Make

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For many individuals, owning a business, or becoming the CEO of a previously existing business, is a sought-after dream. Many people put in hard work and dedication to ensure that this dream becomes a reality. In fact, in 2013 alone, approximately […]

How Strategically Using A Business Attorney Can SAVE Your Company Thousands of Dollars…

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As business attorneys we often meet business owners who, when talking to them about the operation of their business, will respond and tell us that they have never had a need for an attorney. Whenever we hear this we ask one […]

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