When offering a professional service, clients help your business grow. While they’re an integral aspect of being successful, you also want to choose your clients wisely to prevent serious issues, such as contract disputes, from occurring down the line. Medium...
Firm News
Business formation types that limit personal liability
When you own an Illinois or Michigan small business, you assume a certain amount of risk, but the amount of personal liability you take on will depend on the type of business structure you choose to create. At Pentiuk, Couvreur & Kobiljak, P.C., we understand that...
What are the crucial elements of a contract?
As a Michigan or Illinois business owner, you and your company enter into numerous business contracts. Whether they represent purchase or sale agreements, employment agreements, partnership agreements or some other type of agreement, contracts form a major part of...
Director seeks compensation for alleged breach
For companies and individuals in the media and entertainment industries, strong contracts are essential. Anyone in Illinois or Michigan who is involved in these industries knows this firsthand. In many cases, a contract between a large corporation and an individual...
CVS Caremark, Wal-Mart contract dispute resolved
Consumers in Illinois and Michigan have concerns about the rising costs of prescription medications. According to the Wall Street Journal, these concerns have put pressure on drug manufacturers, pharmacies, and the middlemen between them known as pharmacy...
New year, new tax laws for businesses
Company owners and shareholders in Michigan and Illinois are often busy at the beginning of the year preparing for the year ahead. This year, they are also likely focused on navigating how the full implementation of the Tax Cuts and Jobs Act will impact them. As...
Illinois company wants contract review
Companies that do business with local municipal governments might assume that these entities would want to support operations in their cities or states. While certainly this can happen, there may be a variety of factors that go into a city council's decision to award...
What are the pros and cons of a sub S corporation?
A sub S corporation, or subchapter S corporation, is a special type of corporation that provides the security of LLCs but allows profits and losses to flow directly through to shareholders. This means that income and losses accrued by the corporation may pass through...
Are non-compete agreements enforceable in Illinois?
Your company's intellectual property, trade secrets and proprietary content and procedures are vital to its success. Protecting such sensitive information is paramount, even if it means requesting that any new personnel that you bring in to your business in Chicago...
Bipartisan bill would expand FHA
Individuals looking to rent property in Michigan for themselves or their families may be denied by landlords if they receive assistance. However, a Senate bill that has the support of both parties would make that illegal. Specifically, it would broaden the Fair...