The news media frequently follow the fortunes of publicly traded companies. Entire cable news networks are devoted to covering the stock market, and even local newscasts usually make sure to announce how the Dow Jones Industrial Average and the NASDAQ did that day....
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Month: September 2014
Negotiating a solid business contract can reduce litigation risk
Many Illinois businesses find themselves in a contract dispute sooner or later. Whether they find themselves accused of breach of contract, or must pursue litigation because of the actions of another party, contract disputes can be expensive, drawn out and difficult...
What is the new business formation process in Illinois?
So you have an idea for a new business, and you are eager to set up shop. In Illinois, it takes more than finding a place to conduct business and hanging a sign on the front door. The law requires you to take certain steps in the formation of a new business first....
What is breach of contract?
For any Illinois business, it is common practice to enter into contracts with customers, vendors and other outside parties. For example, a restaurant could sign a contract with a produce supplier. In some cases, workers and employers sign employment contracts. It...