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Law Blog

 

DECEMBER BUSINESS BYTES

DECEMBER BUSINESS BYTES

DECEMBER BUSINESS BYTES Our Business Bytes highlights recent publications, issues, events and successes that we think our clients and friends should know about. We seek out, sort, prioritize and summarize them for your quick review. Please contact us if you have any...
Inventory/Product Loss

Inventory/Product Loss

Insurance trade groups report an increasing number of loss claims arising from inventory and product loss – often employee theft. As these losses increase premiums increases will follow. Be sure that any steps taken to prevent such losses are legal, defensible,...
Monthly Business Bytes

Monthly Business Bytes

This month’s Business Bytes highlights right of publicity, defamed corporations and key person insurance.  Right of Publicity. Like the law of many other states, Illinois’ Right to Publicity Act, 765 ILCS 1075, prevents the commercial use of a person’s...
Disclosing a Data Breach

Disclosing a Data Breach

Suffering a data breach could be fatal to your business, but if it isn’t, don’t let your handling the breach make it so.  Federal and state laws and trade association standards provide some guidance on when, what type and to whom notices of a data breach must be...
Financial Distress

Financial Distress

When your business is faced with financial distress, there are actions you can and should take before all your lenders, creditors, landlords, customers and employees learn about the situation that may alleviate, reduce or defer the fall-out, that include:...
October Business Bytes

October Business Bytes

This month’s Business Bytes highlights non-competiion contract clauses, privacy protection persistence and umbrella insurance. Non-Competition Contract Clauses.  While there are legitimate needs and purposes for an employer to require its employees to sign...
New View on Unfair Competition

New View on Unfair Competition

A recent Illinois Appellate Court ruling upheld a carpet cleaner’s claim against a competitor that its competitors’ use of cleaning chemicals banned by the EPA that do a better cleaning job than his legal cleaning solutions constituted unfair competition in Illinois....

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