High Hopes for Cannabis in Illinois

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 [...]

Food Trucks Unfrozen? Illinois Court To Rule On Chicago Ordinance Regulating Mobile Food Vendors

  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 [...]

Annual Meetings And How To Conduct Them

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 [...]

2019-03-05T10:29:23-05:00January 18th, 2019|Employers, Small Business Law|

New Year, New Laws! Legal Changes for Businesses in 2019

Happy New Year! With the changing of the calendar come changes in the legal code. As of January 1, 2019, more than 180 new laws became active in Illinois, many of which impact small business owners in some way or another. You can find the entire list of new laws here, but we’ve highlighted several that affect small business [...]

2019-03-05T10:28:52-05:00January 3rd, 2019|Employers, Small Business Law|

Holly-Day Spirit: The Evergreen Business of Chicago’s Seasonal Christmas Tree Lots

Hey y’all, it’s Ian! Since I started as G & G Law’s Executive Legal Assistant, I’ve taken more notice of small businesses and their owners. Interacting with enthusiastic entrepreneurs on the daily will do that, I suppose, and what excites me most about our clients are their stories. Every enterprise is an extension of its founder; knowing the owner’s [...]

2019-02-21T10:10:59-05:00December 20th, 2018|Business Entity Selection/Formation, Employers, Startups|