Illinois Business & Corporations Lawyers

What are the advantages of forming a Corporation?
There are several advantages to organizing your business as a formal corporation. A corporation is a separate legal entity that is distinct from its individual owners. Businesses that … more
What is an S Corporation?
There are several different types of corporations from which business owners can choose when they initially set up their business. One type of corporation is an S corporation. The … more
What is a C Corporation?
A C corporation is the most common type of corporation. The “C” refers to the subchapter of the Internal Revenue Code which explains the rules of taxation for this type of business … more

The Sarbanes Oxley Act: Success or Failure?
After the Enron scandal shocked the world and created doubt about the accounting principles of public companies, the United States Congress passed the Sarbanes-Oxley Act of 2002. The Sarbanes-Oxley Act created new standards that had to be met by publicly traded companies and accounting companies. It was designed to protect shareholders from fraud that could ultimately destroy their … more
The Board of Directors Duties of Care and Loyalty
The stock market gives many Americans a chance to have a small ownership share in publicly traded companies. Stock holders, as partial owners of the company, share in the company’s profit and loss. However, they often have little, if any, say in the business decisions of the company and they have no control over the everyday operations of the company. Instead, it is the … more

Advertising FAQ's: A Guide for Small Business
Guide for small businesses explains the truth-in-advertising laws including what makes an … more
ADA Guide for Small Businesses
Advertising and Marketing on the Internet: Rules of the Road
Explains how businesses can comply with truth-in-advertising laws when marketing on the Internet.
Dot Com Disclosures: Information About Online Advertising
Describes the information businesses should consider as they develop online ads to ensure that … more
Selling 'American-Made' Products? What Businesses Need to Know About Making Made in USA Claims

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