Illinois Business Organizations and Formations
Our corporate attorneys in Chicago provide legal counsel to inventors, entrepreneurs, professionals and early-stage businesses in connection with a broad range of business transactions, including business organizations, business formations, choice of entity decisions, taxation, capitalization and ownership structures, buy-sell agreements, operating agreements, shareholder agreements, and trademark registrations and protection. We advise clients in the formation of limited liability companies (LLC’s), corporations (S-Corp and C-Corp), general and limited partnerships, joint ventures (domestic and international) and well as nonprofit corporations.
Federal and Illinois Trademark Registrations
The importance of llinois and federal trademark registrations are often overlooked by many entrepreneurs, professionals and early stage businesses. A business’ brand (name, tagline, logo, or other marks) inevitably become the most valuable asset of the business. A business’ trademarks should ALWAYS be addressed BEFORE the business is formed. There are several reasons why the business should address its trademarks during the early planning stages in order to determine whether the name, tagline, symbol or other mark is available for use. If these trademark registrations are not addressed during the early planning stage, the business may expose itself to a possible trademark infringement lawsuit or subject itself to a cease and desist letter from a disgruntled trademark owner. This must be avoided! Our trademark attorneys in Chicago have handled numerous trademark infringement matters whereby the client is ordered to either defend a trademark infringement lawsuit or re-brand the entire business. Whether the client must defend a lawsuit or re-brand the business, both instances will incur a significant expense and interruption of the business and create a huge headache for the business owner. Our Chicago trademark attorneys provide a wide range of trademark legal services to business owners and entrepreneurs in Chicago and throughout the United States.
Chicago Business Purchases and Sales
Our Chicago attorneys handle on average two to three business acquisitions every month. Depending on the business transaction, our attorney will either represent the seller of the business or the buyer purchasing the business. Business purchases and sales (also known as mergers & acquisitions) is one of our firm’s greatest strengths and is central to our firm’s core practice areas since its founding in 2008. A business acquisition may involve the transfer of a business from a seller to a buyer as a going concern, or more often is the case the transfer of substantially all of the business’ assets from a seller to a buyer. These business transactions often involve complex legal and financial issues and our business attorneys in Chicago are seasoned and well equipped to provide legal counsel during all aspects of the acquisition process.
Chicago Breach of Contract Matters
Breach of Contracts is the most common business transactions handled by our law firm. Several situations may give rise to a breach of contract claim. For example, a party to the business transaction may do something that violates a term of the business agreement; a party may refuse to perform its obligations under the business contract (such as delivering product or making payment); or a party may act (or fail to act) such that it makes it impossible for the other party to perform under the terms of the business agreement. All of these situations give rise to breach of contract maters which our business litigation attorneys in Chicago handle on a regular basis.
Business Contract Development
Every entrepreneur, small business owner, or professional understands that business contracts are an integral part of the business world, and business agreements may be created in many forms. A thoughtfully drafted and properly negotiated business contract is truly the foundation upon which a business conducts its business. When a business owner forms a relationship with any third party, whether it is another partner, member, shareholder, vendor, consultant, supplier, or the like, an enforceable written contract is an absolute necessity. Without an enforceable written business contact in place, a costly disaster will likely ensue if a dispute arises between the parties. Our attorneys are highly experienced in developing and drafting business contracts in variety of business industries to ensure our client’s rights are protected.
Call Our Chicago Corporate Lawyers
Our Chicago attorneys have significant experience in handling a wide range of business transactions in a diverse number of business industries. To schedule a consultation with one of our corporate lawyers today, please contact us online or give us a call at 312-789-5676.