At Kasan Law, our Chicago and Illinois business attorneys work diligently to assist our clients in achieving their legal, financial, and business objectives. Our transaction practice offers legal services to businesses of all sizes, including family-owned businesses, start-ups, small businesses, entrepreneurs, e-commerce, and private corporations. Our attorneys take the time to explain the legal issues and guide business in operating a successful operation.
Whether small or large, any business must contend with various legal matters related to its operation and management. Drawing on our experience as attorneys and business owners, we have a unique understanding of the legal needs and services businesses require. We offer a wide range of corporate and business transaction services, such as:
Due to the upfront cost, some business owners are reluctant to retain an attorney to draft or review business contracts. However, working with a contract lawyer can help avoid costly litigation and other financial setbacks in the future, saving you both money and time.
Starting and running a business is often both exciting and intimidating. Our open, communicative attorneys work with you to determine which business structure is most appropriate for your given situation. We consider a variety of elements, such as your risk level, management style, and goals. We prepare and file the necessary documents with the appropriate state and federal institutions to legally form the business.
Additionally, whether you are starting a new have an existing business, our attorneys provide transactional business services, such as:
Whether you are starting, selling, or operating a business, we understand that all successful businesses take hard work, time, and dedication.
Whether small or large, every business understands that contracts play a substantial role in operating the business and come in numerous forms. Kasan Law provides our clients with legal advice regarding various business contracts and other necessary documents to run a successful business. Some examples of common business contracts we draft, negotiate, and review include:
Before our clients sign any contract, our business contract attorneys review, negotiate, and make any necessary changes to the terms to adequately protect our client’s interests.
Whether you are selling or purchasing a business, an attorney can provide the necessary legal guidance to efficiently complete the transaction. At Kasan Law, our attorneys assist clients with buying or selling businesses, including the partial transfer of the business interests, establishing restrictions on the transfer of ownership interests, and the sale or acquisition of an entire business. Additionally, our Chicago and Illinois business attorneys prepare and negotiate the documents necessary to structure and complete the desired transaction.
Similar to other significant investments, such as buying or selling a home, selling or purchasing any business requires careful consideration of the desired goals and objectives. Before buying or selling any business, you will need to consider various factors to determine the business’s accurate valuation. The sale or purchase of any business typically involves extensive negotiation over contract terms and conditions, which will ultimately govern the sale and purchase transaction.
The sale or purchase of a business may involve complex areas of law, commonly referred to as “Mergers and Acquisitions.” An acquisition occurs when one company takes over another entity, and establishes itself as the new owner, by absorbing the assets, debts, and liabilities of the other business. An acquisition can be completed in many ways, such as purchasing all stocks and assets of another company or consummated as an asset or stock purchase. A merger occurs when two distinct companies mutually agree to join forces and become one new business, rather than remain separately owned and operated. Depending on the type of merger, it can be very different from the traditional business sale or purchase. Mergers require careful due diligence to ensure that one company does not have any challenges or financial difficulties that will hurt the other company.
According to the United States Patent and Trademark Office, “[a] trademark is a word, phrase, symbol, and/or design that identifies and distinguishes the source of the goods of one party from those of others. . . . Some examples include: brand names, slogans, and logos. The term ‘trademark’ is often used in a general sense to refer to both trademarks and service marks.”
In the early stages of formation, every business should understand the importance of registering its trademarks, both in Illinois and federally. While registering your trademark is not required by law, it is a good business practice to register the trademark to obtain protection under the law. A business failing to register a trademark may expose itself to a possible trademark infringement lawsuit or a cease and desist letter from a trademark owner.
Whether it’s a new business or re-branding an existing business, Kasan Law’s lawyers can provide you with legal assistance and guidance to register your trademark successfully.
At Kasan Law, our approach to lawyering enables us to efficiently provide creative, flexible, and individually tailored solutions to the specific needs of each client’s legal issues. Our consultations are free and carry no obligations.
Whether you are starting a new business or require other business transaction services, contact our Chicago and Illinois corporate and business transaction attorneys to schedule your free and no-obligation consultation by calling (312) 300-6724, e-mailing us at [email protected], or schedule your consultation online.