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If you are buying or selling a business, one of the first legal and financial questions is whether to structure the transaction as an asset purchase or a stock purchase (or, for an LLC, a membership-interest purchase). The answer can affect business liabilities,...
On March 25, 2026, the Supreme Court handed down its decision in Cox Communications, Inc. v. Sony Music Entertainment, clarifying the boundaries of contributory copyright infringement liability. Lower courts have already applied the Cox standards in other contexts....
Tomlinson & Shapiro is excited to announce that Meaghan Fuhrman joined the firm in late 2025. Meaghan advises businesses on employment matters, contracts, trademarks, and corporate issues. After working closely with business leadership teams throughout her career,...
In Chicago, Illinois, a tech startup can win or lose on what you know that nobody else does. You can protect that edge without patents through trade secret law. But when your contracts and security habits do not match how your team actually works, that protection can...
Restrictive covenants in job contracts help protect a company’s business. For most workers, these rules stop them from competing with their old employer or taking clients right away. But executive restrictive covenants are different. They get special treatment because...
Imagine you spent years building your business from the ground up, only to watch a key employee leave and take your trade secrets to a competitor. Restrictive covenants can prevent this situation. These legal clauses set clear boundaries for employees and business...
As of January 1, 2024, the federal Corporate Transparency Act of 2024 (“CTA”) requires many small and medium-sized businesses to file a report with the United States Department of Treasury’s Financial Crimes Enforcement Network (“FinCEN”). The report must contain...
Running a business during the COVID-19 pandemic is difficult – and made even more so with the entry, stay, repeal, and revision of government-implemented regulations. On November 5, 2021, the Occupational Safety and Health Administration (“OSHA”) published an...
Tomlinson & Shapiro is excited to announce that Carly Grant has joined the firm as Of Counsel effective January 2022. Carly’s practice includes a wide range of business services, focusing on forming entities, drafting contracts, creating policies, protecting...
It is easy for a company to claim to have the exclusive right to distribute products in certain territories; however, it is much more difficult to plead and prove such claims. Often, companies claim exclusive sales territories without a legal basis to do so in an...