A number of recent cases in Illinois have brought into question the limits of non-compete clauses in employment contracts. Some of these seem to severely limit the application of these clauses. Others have favored the employer's rights, but one thing is clear: businesses that ignore the impact of these developments put their interests at risk. The debate over non-compete clauses reached its peak in 2013. In the Fifield case the Illinois First District appeals court upheld a decision … [Read more...]

From protecting personal assets to limiting business liability and risk, maintaining corporate status in Illinois is a key component of running a successful business. Once the corporate veil is pierced, unhappy clients or other businesses can reach past the protection that corporate status gives and attack personal resources. There are many well-documented cases where not incorporating a business puts a business owner's family home, personal savings, and even retirement resources … [Read more...]