A.I. & Business – The Legal Landscape

By |September 19th, 2019|

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Marvin Minsky, credited as a founding father of Artificial Intelligence (“AI”), died at the age of 88 on January 24, 2016. The cause of death – a cerebral hemorrhage. Interestingly enough, Minsky compared the human brain to a machine whose functioning […]

Recreational Cannabis: Quick Facts for Employers

By |September 19th, 2019|

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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) […]

SEC Sues Kik Over $100mm ICO

By |June 20th, 2019|

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If you’ve been following the evolution of cryptocurrency and digital assets, then you understand (or can at least appreciate) the mass confusion that “half-in/half-out” government regulations have created. No greater is this confusion and grey area than in relation to ICOs.

An ICO […]

Trade Missions: 3 Tips to Yielding a Positive Return on Investment

By |June 20th, 2019|

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Trade Missions are international trips organized by government entities or private groups for the purpose of allowing the mission’s participants (typically companies & investors) to explore foreign business opportunities. A primary trade mission benefit is that it provides a risk-free, […]

New Sales Tax Laws for Online Businesses

By |October 30th, 2018|

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On June 21, 2018, the Supreme Court overturned the Quill Corp. v. North Dakota physical-presence standard in favor of an economic standard impacting businesses’ requirement to collect sales tax any of the states.  Previously, a state could only require a business to collect […]

8 New Changes To The Illinois Limited Liability Company Act

By |June 21st, 2017|

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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 […]

Should You Register A Trademark Internationally?

By |March 7th, 2017|

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While you may have trademark protection in the United States, you may not have it abroad. Protecting your trademark in the international market is important if you offer your products or services (service marks) in international forums
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Changes to the Illinois LLC Act: What You Need to Know

By |December 8th, 2016|

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When incorporating a business, many owners will structure their entity as a limited liability company, commonly known as a LLC. Limited liability companies are often less complex than other corporate entities, while offering more flexibility, favorable tax benefits and legal protection […]

Corporate Formation 101: Paperwork & Filing

By |December 1st, 2016|

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When establishing a new business, one of the many things you’ll need to consider is how you want to structure your new entity. You may decide to incorporate, form a partnership, sole proprietorship or limited liability company. Forming a corporation means […]

How to Avoid Wrongful Termination Lawsuits

By |November 23rd, 2016|

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You hire a contractor to complete an office space renovation, but the work is taking longer than anticipated and has surpassed the completion date outlined in your contract. Your staff is displaced, but you are still locked into the contract with […]

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