Business
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...
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...
Property Damage Insurance Claims
Whether the property damaged is personal or business related, you could lose insurance coverage or protection by failing to give timely or proper notice of the claim. Some issues to consider in submitting your claim to your insurance carrier include: Contact your...
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...
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...
