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Blog

What is a Material Adverse Effect?

What is a Material Adverse Effect?

January 28, 2019

Review the default provisions of virtually any acquisition agreement and you will find a reference to the following (as an...
Taxpayer Attempts To Claim A Unilateral Settlement With IRS

Taxpayer Attempts To Claim A Unilateral Settlement With IRS

October 29, 2018

In his letter enclosing his $1,396 check, taxpayer asserted unilaterally that “we are now concluded on this tax return issue”...
Legal Tech Corner:  Developing Laws to Fit the Internet of Things

Legal Tech Corner: Developing Laws to Fit the Internet of Things

October 19, 2018

In typical California fashion, the state is leading the charge toward developing law that would regulate the Internet of Things...
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...
Will 2 Years of Continued Employment Be Enough in Illinois to Enforce a Non-Compete?

Will 2 Years of Continued Employment Be Enough in Illinois to Enforce a Non-Compete?

September 13, 2018

The Answer: It’s Complicated. In 2013, an Illinois Appellate Court in Fifield v. Premier Dealer Services, Inc., decided that absent additional...
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...
The Plaintiff’s End Game – Collecting the Judgment

The Plaintiff’s End Game – Collecting the Judgment

August 30, 2018

It was a hard fought battle. You successfully sued a party in a commercial dispute who wronged you and a...
Our Company is a US Company — Do We Care About GDPR?

Our Company is a US Company — Do We Care About GDPR?

June 8, 2018

The long-anticipated effective date of The Global Data Protection Regulation (“GDPR”) is upon us.  On May 25, 2018, GDPR, a...

Keeping your Trade Secrets Safe: The Runaway Employee

June 7, 2018

How can a business protect its critical information when an employee goes to work for a competitor? Many employers simply...
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...
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