While the best business litigation strategy is to avoid litigation or resolve disputes outside of court, including negotiation, mediation or arbitration, once litigation is initiated there are many steps a business can take in conjunction with its lawyer to minimize...
Increasingly rapid changes in our economic life emphasizes the need to work with your lawyer and other professionals to create financial plans that protect your assets, maximize their potential and provide for efficient transfers. This is no longer merely drafting a...
While personal identity theft has garnered a lot of attention, there has been little attention about business identity theft, yet the harm can be substantial. Identity thieves pray on small businesses that may not adequately protect their business and financial...
The benefits of operating your business as an authorized limited liability entity are numerous, and different for each entity. Selecting the particular entity for your business should be part of your initial planning and discussed with your legal and accounting...
If you own or operate a business, one constant concern is insulating your personal and family assets from claims and liabilities that may arise from your business. While it is not always possible to create a complete barrier to keep business creditors from seizing...
Current legal writing frequently addresses the obligation to preserve and disclose information in lawsuits, but in a recent Illinois Supreme Court opinion, Brunton v. Krueger, attorney Matthew Tibble persuaded the Illinois Supreme Court to not only reaffirm the...
Anyone involved in a divorce soon understands that the divorce and its fallout can become be a never-ending situation. Whether it is spousal support (formerly alimony), property distribution or parenting issues, a divorce interjects both Illinois law and a judge...
Despite how careful you are, accidents and other problems can arise, including those caused by third parties, that put your personal and family’s savings and assets at risk. While you cannot absolutely protect all of your assets from the claims of creditors, even by...
Facebook, LinkedIn, Twitter, Snapchat and other forms of “social media” not even conceived of yet are transforming the way parties communicate, and the law is slowly catching up to new technology. As a result, your business should continually monitor and consider how...
While spring cleaning, like New Year’s resolutions, seems dated, it does provide an opportunity for a business owner to step back and view the forest of his business rather than focusing on the trees. There are numerous legal aspects of your business that should be...
While all businesses hope to maintain loyal and honest employees, your relationship can change dramatically when an employee is solicited or hired by a competitor. With much of your business information stored, communicated or accessible remotely by electronic...
Obtaining insurance, enrolling in retirement programs or setting up an IRA, usually require you to designate a beneficiary or contingent beneficiary, the person or persons entitled to inherit the asset on your death. Due to the surrounding circumstances this decision...
