“If You Give a Mouse a Cookie …” : Informational Rights of Minority Shareholders of Close Corporations and LLC Members in Illinois

“If You Give a Mouse a Cookie …” : Informational Rights of Minority Shareholders of Close Corporations and LLC Members in Illinois

February 20, 2019

Nearly all shareholder and membership disputes begin with a minority shareholder or member suspecting mismanagement by the majority shareholders or...
The Bottom Line on the Impact of Minimum Wage Hikes on the Restaurant Industry

The Bottom Line on the Impact of Minimum Wage Hikes on the Restaurant Industry

October 31, 2018

Minimum wages are rising across the country, with well over a dozen states, plus many cities increasing minimum wages over...
Predictive Scheduling Legislation: What You Need to Know to Avoid Costly Surprises

Predictive Scheduling Legislation: What You Need to Know to Avoid Costly Surprises

October 3, 2018

In approximately a dozen states and a number of smaller municipalities across the U.S., initiatives have been introduced that would...
Recent Changes in Illinois Law Will Place Additional Burdens on Employers

Recent Changes in Illinois Law Will Place Additional Burdens on Employers

September 26, 2018

In 2018, Governor Bruce Rauner signed into law a number of changes that are already in effect or will go...
Have You Looked At Your Buy-Sell Agreement Lately? Business Succession Planning

Have You Looked At Your Buy-Sell Agreement Lately? Business Succession Planning

September 5, 2018

John, Alexandria, Mary, Martin, and Yvette, formed the Jammy Sleepwear Company over thirty-five (35) years ago. They were equal partners...
How Do You Value a Business for Buy-Sell Purposes?

How Do You Value a Business for Buy-Sell Purposes?

January 30, 2018

Owners of closely held businesses should have a buy-sell agreement if there are multiple owners. The buy-sell agreement, often incorporated...
Is Your Business BIPA Compliant?

Is Your Business BIPA Compliant?

January 15, 2018

In order to increase productivity and efficiency, businesses are increasingly using biometric data to identify employees, customers and other individuals. For...