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How To Form An Illinois Business Entity Part 1
 
Date: 09/18/2013
 
Location: The Chicago Bar Association, 321 South Plymouth Court, Chicago, IL 60604
 
Presented by: Business Law Committee
 
Experience Level: Basic, New Developments
 
MCLE Credit: 2.75 IL MCLE
 
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PART I - OVERVIEW AND SELECTING AND FORMING THE BUSINESS ENTITY
Until recently, the preferred form chosen by business lawyers was the Corporation. The preferred entity today is becoming the Limited Liability Company. With recent developments, the choice from the dozen or so available entities has become more complex. How do you advise clients? Every potential business entity must be examined for: tax consequences, liability consequences, and management and control issues and then tailored to each client's needs.

OVERVIEW OF BUSINESS ENTITIES
  • New Entities and New Statutes
  • Corporation, LLC, or Partnership?
  • Corporations: Some Bare-Bones Issues
    Sean Auton, Horwood Marcus & Berk, Chtd

    Description Continued Below


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