Chicago and Mokena

Chicago & Mokena Illinois Business Lawyer

The contemporary business landscape presents entrepreneurs and business owners with attractive opportunities as well as challenges. Whether it’s forming the appropriate business structure, engaging in transactions, or resolving business disputes amicably, achieving and maintaining success requires the guidance of an experienced business law attorney.

Grant Park Legal Advisors, LLC provides comprehensive legal services to start-up ventures, closely-held and midsize businesses in Northern Illinois. We advise on business formation, structure and governance matters, as well as business transactions. When disputes inevitably arise, we provide clients with offensive and defensive capabilities, whether through litigation, arbitration, or negotiation. Our team also designs business succession plans as part of a comprehensive estate planning strategy. Above all, we always put the best interests of our clients first and work tirelessly to help them achieve their objectives.

Business Formation

We help our clients select and form the appropriate business structures, such as:

  • S Corporations
  • C Corporations
  • Limited Liability Companies (LLC)
  • Partnerships
  • Joint Ventures

In so doing, we consider relevant factors such as the nature of the business, the number of parties involved, and the tax treatment of the enterprise. The ultimate objective is to form business structures that will facilitate success. We also prepare the necessary foundational documents (e.g. articles of organization, bylaws, and resolutions) and assist with obtaining required licenses and permits. Our attorneys also negotiate and draft underlying business agreements such as: 

  • Shareholder agreements
  • Partnership agreements
  • Operating agreements
  • Nondisclosure and noncompete agreements
  • Buy-sell agreements

In addition, we advise clients on matters such as commercial real estate transactions and leasing and help seek out strategic opportunities.

Business Transactions

The business law attorneys at Grant Part Legal Advisors are keenly aware that engaging in transactions is crucial for achieving business success. Accordingly, we advise clients on matters such as joint ventures, asset sales, and mergers and acquisitions. We routinely negotiate and draw up the related documentation such as asset and stock purchase agreements, licensing agreements, management agreements, and financing documents. We have a well-earned reputation for developing innovative strategies and providing our clients with the necessary tools to make forward looking business decisions. 

Business Litigation

Our attorneys advise clients on a wide range of disputes, such as breach of contract, fraud and misrepresentation claims, collection actions, and insurance disputes. Because a protracted litigation can be costly and disruptive to business operations, however, we prefer to seek negotiated settlements whether through arbitration or mediation. Nonetheless, we are fully prepared to litigate any matter when we determine that it is in our client’s best interests.  

In addition, we offer registered agent service to individuals and businesses in order to receive service of process (SOP) notices, such as lawsuits or summonses, when you or your business entity become the target of a legal action. We are comfortable representing plaintiffs or defendants and have a proven track record of achieving successful outcomes inside and outside of the courtroom.

Business Succession Planning

Many businesses are not prepared to survive into the next generation if the owner or a key person retires, dies unexpectedly or becomes seriously ill. Establishing a well-conceived business succession plan will allow your operations to continue and avoid confusion and conflicts among the remaining owners, partners or family members. 

Grant Park Legal Advisors designs business succession plans as part of a comprehensive estate planning strategy. We understand the various business valuation methods and collaborate with a respected network of business accountants and financial professionals to reach fair and accurate valuations. In addition, we prepare the related buy-sell agreements, including cross purchase and entity purchase agreements and work to achieve seamless transitions. 

Chicago Business Law Attorneys

At Grant Park Legal Advisors, we are dedicated to helping our clients form new businesses and achieve their objectives. Our practice takes an interdisciplinary approach by collaborating with a respected network of financial advisors and tax planners. By understanding our clients’ objectives, we help them avoid the pitfalls associated with starting a new business. 

Above all, we leverage our legal experience, business aptitude, and negotiating skills to protect our clients’ interests. Whether your business is a startup or seeking growth opportunities, engaging in transactions or facing a dispute, you will have confidence with our legal team in your corner. Call our office today or fill out the convenient form on our website to set up a consultation with one of our business law attorneys. 

© 2023 Grant Park Legal Advisors LLC | Disclaimer
307 N. Michigan Avenue, Suite 820, Chicago, IL 60601
| Phone: 312-392-0310
18700 S. Wolf Road, 250, Mokena, IL 60448
| Phone: 815-412-9377

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