Business Law

//Business Law

Illinois: Noncompetition Agreements Within 2 Years of Hire

By | October 28th, 2013|Blog, Business Law, Noncompetition, Small Business|

The recent Illinois Appellate Court case, Fifield and Enterprise Finance Group, Inc. v. Premier Dealer Services, Inc. 2013 IL App (1st) 120327, upheld an Illinois precedent stating that a “noncompetition agreement is not valid and enforceable if an employee is fired or resigns within two years.” Illinois companies can still require newly hired employees to [...]

What Small Business Owners Need to Know About Rest and Meal Breaks

By | February 25th, 2013|Business Law, Compensation, Small Business, Workers Compensation|

There are federal and state (Illinois) laws small business owners need to know about rest and meal breaks for non-exempt employees- and corresponding compensation.  These laws generally address the following questions: Should an employee be paid while on breaks? Are employers required to offer breaks? How long such breaks should be? Federal Laws According to the Fair [...]

Small Business Owners in Illinois Beware of Scam

By | November 23rd, 2012|Small Business|

Small business owners in Illinois are receiving official looking green or blue envelopes from “Corporate Records Services,” which call them to provide corporate and personal information, such as the business name, address and credit card information with the payment of $125 to prepare corporate records.  With the scam looking official, small business owners are sending [...]

False Representation and Fraudulent Claims for Real Estate Titles — HB5665

By | July 14th, 2012|Business Law|

A new bill, House Bill 5665, was recently introduced to the House of Representatives, creating the Class 3 felony for false representation and fraudulent claims for real estate title. This bill has been long overdue. Legislative Summary: "Amends the Code of Civil Procedure. Provides that a person commits false representation concerning title to real estate, [...]