Illinois Cannabis Zoning Laws
https://youtu.be/1EXFrSeV7lc Illinois Cannabis Zoning Laws depend greatly on the local governments that are placing “reasonable” restrictions on their community’s cannabis businesses that may operated in their jurisdictional limits. Many communities require a “special use permit” for having cannabis business operations. Then, there are certain set-backs to that limit the distance a cannabis company may be from […]
Right of First Refusal
What Is the Right of First Refusal? The right of first refusal (ROFR) in the real estate is a contract that gives a specific right to a party to purchase a particular property. The right of first refusal must have at least three parties: the owner, the buyer, and the option holder. The holder of the […]
How to Use Options and Convertible Notes to Raise Money
If you want to know how to use options to raise money for your business, you’ve come to the right place. In this article, you’ll find out how to use options and convertible notes to raise funds for your business. You have multiple solutions and one of them is trading options which is usually the most […]
RegTech – How it helps companies with compliance
What is Reg-tech? RegTech, short for regulatory technology, is a new industry that takes complex regulatory frameworks and creates software from them so businesses can more easily comply with the laws and regulations their industries face. In this page, we will profile three sectors and provide examples of the new RegTech space, discuss some upcoming […]
Illinois Hemp Lawyer
Our Illinois Hemp Lawyers have written extensively on the first new agricultural commodity of the 21st century – hemp – over on our sister website focusing on our cannabis law practice – www.CannabisIndustryLawyer.com. Illinois Hemp Farmers & Processors Need a Business Lawyer For answers on the confusing term “agent” discussed below – you can find […]
Attorney Modification Clauses & Your Real Estate Sale Contract
They let you cool off. Relax. You probably blew the deadline & were none the wiser. Chances are that you signed a real estate purchase contract and are having second thoughts. Sometimes realtors like to confuse you and say you should put in an offer – well, that means a contract. So see what Peoria […]
What to Know about Good Faith or Bad Faith – an illustrated easy guide
The implied covenant of good faith and fair dealing is implied in every contract. The implied covenant of good faith and fair dealing is what makes business work. It requires people to deal with one another fairly. Businesses and people can trust each other to enter into contracts because good faith requires them to help […]
Attorneys in Peoria Illinois
Attorneys in Peoria Illinois Come in All Types The Peoria attorney you need depends on what goals you have. All you need to do is scroll through to find the right lawyer for your case. Family Lawyers in Peoria Illinois Many families require a lawyer at some point in their lives. For example, a divorce, […]
Commercial Mortgages
Commercial Mortgage Foreclosure The main collateral for many people and businesses is the real estate it owns. A commercial mortgage is a grant of a security interest on a parcel of the business’ real estate. Commercial mortgages allow for greater rights for the bank as compared to residential mortgages, which have greater consumer protections at […]
Pricing LLC Membership Interest
How are LLC Membership Interests Valued? Suppose a borrower claims to have a successful limited liability company, LLC. He claims that his membership interest in this LLC is valuable collateral that he wants to pledge to obtain another commercial loan. How should the commercial lender approach valuation of the LLC’s membership interest in determining how […]
