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Monthly archives for February, 2017

Shareholder Personal Liability Audit

Limited liability is the primary reason most business owners incorporate their business. However, limited liability is not absolute. It is simply not enough to form a corporation to avoid personal liability. Under certain circumstances, Illinois courts have “pierced the corporate veil,” and held the Shareholder of a Corporation

Book Review: Buy-Sell Agreements for Closely Held and Family Business Owners

Because the author, Z. Christopher Mercer, is a financial adviser who is writing about a subject involving legal issues, the editor of The Value Examiner asked me to assess, as part of this review, whether Mercer’s ideas and advice in Buy-Sell Agreements are legally sound.