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New Illinois Business Legal Questions & Answers

Should I form a business for my short term investment activities

LLC or limited liability company is generally the best choice for the self-employed and …

FreeAdvice Contributing Attorney answered 20 days ago

Can I put a lien on a rental property for an unpaid car loan if the person doesn't own the property?

No, you may NOT put a lien on person B's property (e.g. his parents) …

FreeAdvice Contributing Attorney answered 2 months ago

Can I incorporate a new LLC in another state, but do business in Illinois?

Yes, of course you can.  Many states have laws that are considered much more …

FreeAdvice Contributing Attorney answered 2 months ago

What proof is necessary to claim goods are non-conforming under the UCC?

Since they are suing you, they need to convince the court by a "preponderance …

FreeAdvice Contributing Attorney answered 3 months ago

Is it legal if I use certain information in the stock market before I pass it to my clients?

It's not even remotely legal. First, under the Investment Advisors (or "Advisers") Act, you …

FreeAdvice Contributing Attorney answered 4 months ago