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The Latest Posts
How to De-convert an Illinois Condominium Building
September 04, 2018
With the rise in apartment rents, we are being approached by developers to assist with the acquisition and de-conversion of condominium buildings to apartment rental properties in Chicago. Although this may seem like a daunting process, it really only involves the following steps: (1) obtaining the vote of unit owners to sell the entire condominium building; and (2) legally de-converting the condominium building.
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Starting Your Amazon Business – Organization & Trademark
April 09, 2018
If you are starting an Amazon business, or any business for that matter, it can be scary, overwhelming, and costly. The biggest mistake I see is not setting up your business properly from the start. In the Amazon private seller and Merch by Amazon industries, there are two important factors to consider from the start: (1) using the correct entity; and (2) protecting your brand.
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Compliance with Lease Option to Renew and Notice in Illinois
March 27, 2018
Make sure you strictly comply with the lease notice provisions for exercising an option to renew and extend in Illinois.
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Buying and Selling Amazon Businesses – Legal Issues
February 23, 2018
Buying and selling an Amazon, other e-commerce business, or any business for that matter, comes with many issues and considerations. Although this post will focus on the legal issues involved, I will briefly touch on other considerations as well.
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Part I – Structuring and Operating Successful Business, the Pinwheel
October 10, 2017
Starting and operating a successful business is difficult, confusing, and often fraught with unforeseen liabilities. Our 8 part series, titled Structuring and Operating Successful Business, the Pinwheel, breaks apart a business into 8 areas providing a simplistic, easy to understand analysis to help you make the right decisions from the beginning.
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New Illinois Limited Liability Act - July 1, 2017
July 24, 2017
The Illinois Limited Liability Company Act (“Act”), 805 ILCS 180/1-1, was substantially amended this year. The changes went into effect on July 1, 2017 and can have a significant impact on the formation and operation of Illinois limited liability companies. Although there are many revisions, here are some that may have the most impact.
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Chicago Shared Housing Ordinance – Commissioner's Adjustment
June 26, 2017
On June 22, 2016, the Chicago City Council voted 43-7 to enact an ordinance amending Titles 2, 3, 4 and 17 of the Municipal Code regarding Shared Housing Units and Vacation rentals (the “Shared Housing Ordinance” or “SHO”). Chicago Mayor Rahm Emanuel signed this legislation on June 24, 2016, and the Shared Housing Ordinance was published in the City Council Journal of Proceedings on July 20, 2016 at pages 27714 through 27770.
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Chicago Shared Housing Ordinance - Vacation Rentals
April 29, 2017
On June 22, 2016, the Chicago City Council voted 43-7 to enact an ordinance amending Titles 2, 3, 4 and 17 of the Municipal Code regarding Shared Housing Units and Vacation rentals (the “Shared Housing Ordinance” or “SHO”). Chicago Mayor Rahm Emanuel signed this legislation on June 24, 2016, and the Shared Housing Ordinance was published in the City Council Journal of Proceedings on July 20, 2016 at pages 27714 through 27770.
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Protect Your Property From Mechanic's Liens
November 15, 2016
With the current rate of construction, there is no surprise that the number of mechanic’s liens filed has skyrocketed. Since we have experienced an uptick in our real estate clients requesting assistance, I thought it would be a good time for a refresher.
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New OSHA Rule – Electronic Submissions of Injuries and Illnesses
June 01, 2016
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Evan M. Sauer
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