We have helped businesses, entrepreneurs and professionals in Chicago start their enterprises by forming a corporation, partnership or limited liability company. Formation of an entity is wise to shield personal assets from business transaction risks. The choice of which entity to form is important. Businesses in Chicago can form an Illinois corporation, partnership, or LLC, but often will choose to form their entity under Delaware law. Whichever entity form is chosen, agreements should be written to govern the relations of the owners, keeping in mind fiduciary duties and the provisions of the Business Corporation Act, the Limited Liability Company Act, and analogous statutes of the selected state forum.

We have experience with:

• Shareholder agreements
• Partnership and Limited Partnership agreements
• Limited Partnerships
• LLC operating agreements

Notable Successes:

• Guarantor escapes paying $8 million
• Corporate coup d’état
• When real estate partners collide
• A tale of two brothers
• Confronting the government