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Mergers and Acquisitions: An Overview of the Five Key Integration Areas

Mergers and Acquisitions (M&A) offer the chance for companies to grow, transform, and seize available opportunities. As explained by Investopedia, M&A is a general term used to describe the consolidatio...

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The Most Common Violations of Shareholders’ Rights in Illinois

As they lack control over the company, minority shareholders are in an inherently vulnerable position. A minority shareholder must rely on the judgment and good faith of managers, board members and majority sha...

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Can I Be Charged With a Crime for Not Filing Taxes?

Under federal law, any taxpayer who has earned more than a statutorily mandated minimum amount of gross income must file a tax return. Failure to do so could result in sanctions. According to the Internal Reven...

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Raising Money for a Business Through Crowdfunding: What to Know About Securities Law

In recent years, crowdfunding has become a useful fundraising option for many small and midsize businesses. Because it is a relatively new method of raising capital, the regulations that govern crowdfunding are...

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How Companies Can Use a Cease and Desist Letter to Protect Your Intellectual Property Rights

According to a study from the World Intellectual Property Organization (WIPO), the global value of intellectual property (IP) is approximately $6 trillion. Depending on the nature of the business, a company’s...

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Unemployment Defense in Illinois: What to Know About Employee Misconduct

In Illinois, unemployment benefits provide much needed financial protection to individuals who have lost a job. Employers pay into the program to ensure funds are available for workers who need to make a claim....

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Payroll Tax: What is the Trust Fund Recovery Penalty?

Payroll taxes are paid by an employer on behalf of an employee. These taxes are used to fund key public programs, including Social Security, Medicare, Medicaid and unemployment insurance. When companies withhol...

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Commercial Real Estate Transactions: Understanding a Seller’s Duty to Disclose

Buying commercial real estate is a significant investment for any business. Before you complete the transaction, it is imperative you ensure the property is in good condition and well-suited for your company’...

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Acquiring a Small Business in Chicago? Your Guide to Due Diligence

Are you considering purchasing a small or midsized company in Illinois? If so, it is imperative you perform comprehensive due diligence before completing the transaction. Mergers and acquisitions (M&A) can ...

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What is a Shareholder Derivative Lawsuit?

An individual shareholder — typically, a minority shareholder — may be able to bring a lawsuit on behalf of the corporation without getting approval from the board of directors. This type of legal action is...

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