Fiduciary Duty Litigation

fiduciary duty litigation

A fiduciary duty is an obligation that exists in a relationship in which one of the parties has the best interest when acting on the other party/es behalf.  There are multiple types of fiduciary duties. Some examples can be the obligations between lawyers and clients; shareholders and directors; between business partners; and many others where […]

An Attorney’s Guide to LLC Operating Agreements

Illinois LLC Operating Agreements

If you’re an entrepreneur looking to form a limited liability company (LLC), it’s important to understand the importance of creating an LLC operating agreement. This legal document outlines how your LLC will operate and helps protect your business and its owners. In this guide, we’ll cover everything you need to know about how to create […]

Right of First Refusal

Right of First Refusal

What Is the Right of First Refusal? The right of first refusal (ROFR) in the real estate is a contract that gives a specific right to a party to purchase a particular property. The right of first refusal must have at least three parties: the owner, the buyer, and the option holder. The holder of the […]

RegTech – How it helps companies with compliance

regulation technology

What is Reg-tech? RegTech, short for regulatory technology, is a new industry that takes complex regulatory frameworks and creates software from them so businesses can more easily comply with the laws and regulations their industries face. In this page, we will profile three sectors and provide examples of the new RegTech space, discuss some upcoming […]