Month: January 2013
Choosing a Proper Business Form for Your Small Business: Limited Liability Companies vs. S Corporations
As a business owner, limited liability should be one of your primary concerns. With limited liability, an owner’s personal assets are safe from the suits against the business entity. The advantage of limited liability is a clear reduction of risk on the part of an owner or shareholder. Historically, limited liability was available only in
“Abode Service” Constitutes “Personal Service” Under The Illinois Mortgage Foreclosure Law
In Metrobank v. Cannatello, 2012 IL App (1st) 110529 (January 9, 2012), the First District Appellate Court adopted a definitive standard for “personal service” in foreclosure cases. Section 5/15-1508(e)[1] of the Illinois Mortgage Foreclosure Law (“IMFL”) provides that a personal deficiency judgment may be entered for any balance of money that may be found due
Rock Fusco & Connelly successfully defends a civil litigation in Ramirez v. City of Chicago, 05 C 317
Section 1983 action based upon a series of police encounters between the Ramirez family and City of Chicago police officers. Specifically, the complaint alleged that the multiple interactions over a three year period of time between Plaintiffs and officers assigned to the 8th District, Area One Detective Division and the Special Operations Section were a