A rare shot of the wild Saderholm outside his den Hi all, even though the title says “musings from Ian,” it’s me, Michelle, writing this intro. I’m feeling extra TGIFish on this summer Friday and thought our readers might enjoy a fun Friday blog post. We at G & G Law are very lucky to have one [...]
With recreational marijuana on the cusp of legalization, businesses across Illinois could see a vast marketplace suddenly accessible. A recreational marijuana legalization bill was recently introduced in the Illinois legislature. The proposed bill puts small businesses in an especially advantageous position, promoting “craft growers” and banning large-scale operations. Without a corporate presence dominating the field, local cultivators and retailers [...]
As your business grows, you’ll need employees to continue developing and expanding. In a perfect world, your employees stay forever, never step out of line, and get along fabulously with their coworkers. Our world is no such utopia, however, and eventually you will likely face an unemployment claim from the Illinois Department of Employment Services (“IDES”). The unemployment insurance [...]
UPDATE On May 23rd, the Illinois Supreme Court filed its opinion in LMP Service, Inc. v. City of Chicago, ruling in the City's favor and upholding the constitutionality of the provisions in question: A ban prohibiting food trucks from operating within 200 ft of a brick-and-mortar restaurant (challenged on the grounds that it unfairly favors brick-and-mortar restaurants) A requirement [...]
What is an annual meeting? Every year, corporations gather together all their shareholders to talk about the state of the company. This is an annual meeting. It’s also called the “general meeting” or the “shareholder’s meeting.” Are all businesses required to hold an annual meeting? It depends. LLCs only need to hold one if required in the company’s [...]
