Governor Pritzker signed Executive Order 2020-10 on March 20, 2020. It went into effect at 5:00pm on Saturday, March 21, 2020. This Executive Order generally requires individuals in Illinois to stay at home, but contains numerous exceptions. Any businesses qualifying as “Essential Businesses” are permitted to remain open.
By: Jim Kendall For the next few paragraphs, let's assume you own the business -- lock, stock and barrel, the whole kit and caboodle. That makes you eligible to answer a question not that many advisers ask, a question even fewer business owners can answer: Who's your Right Who? The answer has nothing to do with [...]
A case that underscores the importance of careful compliance with the Mechanics Lien Act by any contractor or subcontractor attempting to assert a lien was recently decided by the Illinois Appellate Court. In Cityline Construction v. Roberts, the Illinois Appellate Court invalidated a mechanics lien based upon non-compliance with the Illinois Mechanics Lien Act, despite the [...]
The Illinois Appellate Court recently made a ruling that underscores the importance of carefully observing corporate formalities in the formation and operation of a corporation or other limited liability entity. In Buckley v. Abuzir, the plaintiff had obtained a substantial judgment against a corporation that operated a bakery. Thereafter, the plaintiff filed suit against an individual, [...]