Give us a call (312) 626-2537

RECENT BUSINESS LAW LEGAL ARTICLE

  • Boeing 737 Max Litigation Business Law

    Chicago lawsuits against Boeing for crash of Ethiopian Airlines Flight 302

    Hays Firm LLC recently filed suits against Boeing on behalf of the families of victims of the recent Lion Air and Ethiopian Airlines crashes involving the Boeing 737 Max. Ethopian Air The family of a Rwandan man who died in the Ethiopian Air on March 10, 2019 recently filed suit in Illinois federal court. The…

  • Non-Profit-Reporting-Requirements-Illinois

    Reporting Requirements for Illinois Non-Profits

    If you are a non-profit or a “not-for-profit” entity, there are a variety of reporting requirements you must make on an annual basis. This article will generally address the Illinois reporting requirements, but please keep in mind that the state and federal reporting requirements for each non-profit varies based upon a variety of factors. In…

  • Non-Profit-Corporation-Illinois

    Creating a Not-for-Profit Corporation in Illinois

    If you are inspired to create a non-profit, congratulations! There are many ways that private non-profit entities help and serve our communities. Non-profit organizations are also referred to as “not-for-profit” entities. A non-profit is an organization or a business entity that is organized for a purpose other than to make a profit. In this article,…

  • corporation-explained-illinois

    What is a Corporation?

    What is a Corporation?: Illinois Business Corporation Act – Corporations in Illinois Explained When starting a business, it is important to consider the type of business structure you would like to create. Many people are anxious to get their ideas and products into the market place and they do not stop to consider whether they…

  • bring alcohol into Illinois

    Can I bring alcohol into Illinois?

    Can I bring alcohol into Illinois? You cannot bring more than minimal amounts of alcohol into the State of Illinois. Illinois has placed many restrictions on the importation of alcohol. These restrictions do not only apply to businesses, but also apply to individual Illinois residents. The Federal law gives Illinois full authority to regulate the…

  • liquor license revoked for unauthorized importation

    Can my liquor license be revoked for unauthorized importation of liquor into Illinois?

    Can my liquor license be revoked for unauthorized importation of liquor into Illinois? The State of Illinois imposes strict restrictions on the importation of alcohol. Illinois is authorized to impose these restrictions by the U.S. Constitution. The 21st amendment to the U.S. Constitution states as follows: “The transportation or importation into any State, Territory, or…

  • chicago liquor license

    Can I get approval for Chicago liquor license before I build my restaurant?

    Can I get approval for Chicago liquor license before I build my restaurant? The construction of a new restaurant, or substantial renovation of an existing location, is a major financial undertaking for any business owner. If the sale of alcohol is a part of your business, it is understandable that you want to know that…

  • chicago restaurant legal services

    What is the difference between an asset purchase and a stock purchase of a business?

    What is the difference between an asset purchase and a stock purchase of a business? Purchasing a business is one of the most important financial transactions of your life. The purchase of a business is a very complicated transaction with many considerations to be had along the way. However, the most important question that a…

  • Business Law Transaction

    What is the right business entity for your small business?

    What is the right business entity for you? The legal structure used to set up your new small business is a very important decision that will have ramifications throughout the life of your business. The chosen structure dictates the rights and obligations amongst the owners of the business and the level of financial risk that…

  • chicago liquor license attorney

    What is the City of Chicago liquor license moratorium?

    What is the City of Chicago liquor license moratorium? Many of our clients initially contact us asking us to check if their property is subject to a moratorium. What the client really is asking is whether their property is located in a “moratorium district.” This term generally refers to certain sections of the city which…