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Protecting Your Interests Through Practical Business Solutions
In Illinois, business partners can have disputes for various reasons, and dispute resolution methods can materially affect the partners’ business relationship. In some cases, the partners may want to preserve their status and continue with the business while other...
Selling your Illinois business may allow you to secure your financial future, whether you plan on retiring or simply starting a new chapter in your life. Liquidating your business may also be ideal if you don't think it has room to grow from a profit or revenue...
When a business has financial trouble and considers bankruptcy, it will have two ways of finding money to pay its creditors. One of those options involves Debtor-in-Possession (DIP) financing, which can be helpful for both a business debtor and its creditors. What is...
Tortious interference in Illinois is a type of tort that involves an interference with a business contract. A plaintiff files a claim against a defendant who intentionally undermines a contract or business relationship and causes economic damages. The tort of...
Hundreds of thousands of new companies are started each year, and between 30% and 40% of them fail. In other words, between 30% and 40% of new small businesses are liquidated and the investors lose all or most of their money. If you define failure as failing to reach...
