by David P. Weiss | Nov 18, 2020 | Commercial Law, Contract Law, Corporate Law, Real Estate Law
A recent case out of Illinois illustrates the danger of failing to keep track of deadlines, and expounds on the purpose of liquidated damages. The facts of the case are rather straightforward, but the results surely must have stung for one of the parties. A contract...
by David P. Weiss | Apr 2, 2020 | Commercial Law, Corporate Law, Employment Law, Homeowner Associations, Physicians & Healthcare, Small Business Law
These are trying times for employees and employers alike in just about every industry imaginable. Disrupted work, adjusting to work from home (for the lucky ones!), uncertainty about how long stay-at-home and social distancing orders will last, outright business...
by David P. Weiss | Feb 19, 2019 | Corporate Law, Small Business Law
The number of, and the economic powerhouse created by, owner-entrepreneur and family businesses is astonishing. Entrepreneurs and family businesses account for 64 percent of the entire U.S. gross domestic product, generate 62 percent of the country’s employment...
by e-LawLines | Oct 19, 2017 | Commercial Law, Corporate Law, Small Business Law
When operating a corporation, it is important to observe corporate formalities. This will ensure that the corporation protects the individual shareholders from the corporation’s liabilities but it can also protect shareholders from costly mistakes. In the recent case...
by David P. Weiss | Sep 29, 2017 | Corporate Law, Homeowner Associations, Real Estate Law
In a decision handed down less than two weeks ago by the Missouri Court of Appeals, the court was confronted with a case involving the proper method for calculating a maximum annual assessment by the subdivision’s board of directors absent a vote of the...
by e-LawLines | Sep 19, 2017 | Corporate Law, Small Business Law, Taxation
When forming a new company, it is important to consider not only the type of entity being formed but also how that entity will report and pay taxes. In certain situations, it may make sense for a corporation or LLC to elect to be taxed under subchapter S of the...
