Articles Posted in Business

9268F80E-C3D4-436F-AC98-1472D36FC5CD-300x200Business partner disputes are one of the most common reasons companies end up in litigation. They are also one of the most preventable.

The phone call usually starts the same way. Two or three people built a business together. Things were good for a while. Then one partner wants to leave, or wants the other one out, or stops showing up, or starts taking money they are not entitled to, or quietly starts a competing business on the side. And when the moment of crisis arrives, everyone reaches for the operating agreement.

What they find there determines almost everything about what happens next.

1D885828-AC8E-4C7D-8E85-13945F1AEBC2-300x200What is the current status of noncompetes?

The FTC’s sweeping 2024 rule that would have banned nearly all noncompete agreements nationwide never took effect. Federal courts blocked it, and the FTC formally abandoned its appeal. There is currently no federal ban on noncompetes.

What about Illinois?

570D7EA7-943D-4ED8-A004-D6F4E9CD58EA-300x200Most business owners believe forming an LLC is the finish line.

It’s not. It’s the starting point.

And in 2026, we are seeing a clear shift: personal liability is creeping back in, even for business owners who think they are protected.

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