A Chicago Business Law Attorney Will Look Out for Your Interests
Business law encompasses a vast array of subject matter and can be thought of as any type of law that concerns business. For small business owners, encountering a business law issue is really a matter of when not if. Cameron & Kane, LLC represents small businesses from many diverse industries across Chicago. A Chicago business law attorney offers you the peace of mind that an experienced legal team is protecting your interests.
A Chicago Business Law Attorney Provides a Wide Range of Services in Chicago
Cameron and Kane LLC provides legal representation and counsel in a variety of areas of business law, including:
- Commercial & Business Litigation. Commercial & business litigation occurs when two businesses, an individual and a business, or some combination thereof, have some type of business dispute that they can’t seem to resolve on their own, and one party files a lawsuit in court. Business litigation is often seen as a last resort, considering the amount of time and money potentially involved.
- Business Formation. Unless you run a small business completely on your own (sole proprietor), you’ll need to form some type of business structure or entity. Business entities may include partnerships, corporations of various types, LLCs (Limited Liability Companies), LLPs (Limited Liability Partnerships), and others. The primary benefit of forming most types of business entities is limited liability. That means if your business does something wrong and loses in a lawsuit, the prevailing party can only take your business assets, not your personal assets like your house, car, etc.
- Purchase and sale of businesses. The purchase or sale of a business is the transfer of the shares or assets of a business from one or more sellers to one or more purchasers. This is usually accomplished through a Purchase and Sale Agreement. What it takes to accomplish this depends on the type and size of the business at issue.
- Contracts. Contracts are the most common issue in business law. They must be drafted first and must be defended in court if challenged. A simple contract requires at least mutual consent, consideration (each side gets/gives something), and specific subject matter.
- Intellectual Property. Intellectual Property (IP) is intangible property that has value. The primary types of IP are copyrights, trademarks, and patents.
- Employment Law. Employment law encompasses quite a few types of subject matter in itself. Employer discrimination falls into this category, but another primary area of employment law involves restrictive covenants, which employers often require employees to sign as a condition of employment. Some of these include Non-Disclosure Agreements, Non-Compete Agreements, and Anti-Poaching Agreements.
- Nonprofits. Nonprofit companies (are supposed to) pay all profits to charity rather than to shareholders or owners. Thus, if set up correctly, they may be exempt from paying federal income taxes.
- Mergers and Acquisitions. Mergers and acquisitions (M&A) is a general term that describes the consolidation or joining together of companies or assets through various types of financial transactions. In that way, two or more companies become a single company.
Let a Chicago Business Law Attorney at Cameron and Kane LLC Today Help You With Your Business Law Issues in Chicagoland
Business law comes in all shapes and sizes and governs the very life we lead daily. Cameron and Kane LLC understands business law and can help you with your business law issues. Contact a Chicago business law attorney at Cameron and Kane LLC today for your free consultation.