
Business Bulletins


Business Reorganization Versus Liquidation
When confronted with overwhelming financial difficulties, owners often consider whether it is better to reorganize or liquidate their business. In making that decision, owners have many factors to consider, including: Nature of the Economy. Is there a place for your...
Brooks, Tarulis & Tibble Announces Passing of David Wentz
It is with great sadness that we report our dear friend and partner David Wentz passed away suddenly on January 4, 2021. His passing is not only devastating to his wife Tonya and their three children, but a tremendous loss to our entire community. His tireless and...
Retaining Key Employees
The value of many businesses is often dependent on its employees. Retaining good employees, particularly key employees, is important to a business, as is avoiding the substantial time and cost commitment required to recruit and hire replacement employees. Some of the...
Protecting Business Information with Employees at Home
The COVID-19 pandemic and the sudden increase of the number of employees working at home puts even more pressure on your business to protect its proprietary, confidential and trade secret information. Some concerns you should address to protect confidential...
Preventing Cyber Attacks
Cyberattacks, hacking, data theft, ransom demands and other intrusions into your data storage and operating systems can cripple or ruin your business. Experts report that the threat increases yearly, and even more with increased reliance on third-party contractors and...
Managing Work from Home Employees
Employees working from home for any reason still require supervision, monitoring, and be provided access to other employees, supervisors, human resources and other resources. Some tips for management of remote and employees working at home include: Allow flexible work...
Reservation of Rights Letters – When the Insurance Company Denies Coverage
In response to an insurance claim you may receive a Reservation of Rights Letter from your insurance company stating it believes that there is no insurance coverage or duty to defend you for the claim, but that it will continue to defend you during the time if its...
Expunging Cannabis Arrests and Convictions
The June 25, 2019 law legalizing recreational cannabis also provided that certain prior cannabis arrests, case dispositions and convictions are to be expunged, or removed from the public records, as they negatively impact employment, education, credit, housing and...
Election Day Holiday / Time Off
On June 16, 2020, Governor Pritzker made November 3, 2020, election day, an official state holiday, adding it to the state holiday calendar. The same law also eased restrictions on voting by mail. As a result, all state offices and most municipal offices will be...
Judicial Elections
We believe that a qualified and respected judiciary is essential to preserving democracy and the rule of law, and are frequently asked by family and friends for recommendations regarding who to vote for in judicial elections and retentions. It is our pleasure and...