Cannabis Trademarks
What are cannabis trademarks? Cannabis trademarks let creative lawyers help protect their clients’ brands that are involved with the cannabis plant with enough THC to count as marijuana under federal law. In this blog post we will briefly touch on what trademarks are and how you can protect your cannabis brand. Please contact us if […]
Membership Interest Purchase Agreement
When owners of a limited liability company (LLC) want to sell the whole business, a Membership Interest Purchase Agreement (MIPA) is the tool of choice to complete the transaction. A MIPA sells the membership interest of the LLC. This is different from an Asset Purchase Agreement (APA) where only specific assets and not liabilities of […]
Cannabis and the Dormant Commerce Clause Impact
Understanding Cannabis and the Dormant Commerce Clause How does the Dormant Commerce Clause affect cannabis regulations? With the growth of the cannabis industry, legal challenges are inevitable, especially concerning interstate trade restrictions. State laws often face scrutiny for discriminating against out-of-state businesses, which results in amendments to their landscape of cannabis regulation. States often try […]
When to Hire a Contract Lawyer?
What is a contract attorney? A contract lawyer is a lawyer who specializes in providing assistance with business contracts. A contract lawyer can help you negotiate and draft contracts, review existing contracts, and advise you on legal issues related to your contract. What is a contract? Legal contracts are binding agreement between two or more […]
How to start an LLC in Illinois?
Establishing an LLC can feel complicated if you are new to the process and do not know all the steps. LLCs in Illinois are governed by the Limited Liability Company Act. We’ve done the research and put together this simple guide to forming an LLC in Illinois. What is a Limited Liability Company? An LLC, […]
When to sue a business partner?
There are various grounds on which you can sue a business partner. The most common reason for suing a business partner is breach of contract. Other reasons include things like fraud, misrepresentation, or theft. If your business partner has undertaken actions that have caused damage to the business, you may be able to sue them […]
How to protect your business in a lawsuit
How to protect your business in a lawsuit If you find yourself in the unfortunate position of being sued, the first thing you need to do is contact a business attorney. It’s normal to feel overwhelmed, and upset, but if you want to keep your business and its reputation intact during this time, it’s important […]
How to Transfer Your Business With a Business Sale
A company sale is a transfer of ownership from the corporation to a buyer. Sales agreements may be for assets such as plant and equipment, intangible assets such as patents and copyrights or an interest in the shares of the corporation to new owners. A business sale is binding, and as such legal representation is […]
Illinois Attorneys
There are many different types of Illinois attorneys that practice law in many different areas of Illinois law. Each one specializes in a different area of the law that requires different types of legal advice from offices helping children to those that negotiate documents for businesses, or even those that provide separation and custody services. […]
Business Formation Lawyers
Are you looking for business formation services to set up a business partnership? Liability protection, income tax, and ventures that need a partnership agreement are key motivators for a new business. A business partnership is a relatively easy entity to set up, but it does have its drawbacks. One primary drawback to setting up your […]
