Most business owners believe that their business has important confidential information which must be protected from competitors. Obvious examples of confidential information are secret formulas or recipes for certain cola drinks or fragrances. But what about customer lists, customer ordering patterns or preferences, pricing formulas, marketing strategies, product designs, sales strategies, and the like? Most

Whether big or small, a customer base is vitally important to any business. Depending on the size and sophistication of a business, a customer list may be kept in one’s head, on index cards, in a book or on a computer. Regardless of how that customer list is kept, a business wants to take steps

Though your business may not have “secret recipes” for cola drinks or fried chicken, your business undoubtedly has some process or information that it believes gives it an advantage over its competitors. This confidential information may take many forms such as a customer list that has been created through the years at considerable expense and

Disputes between members of limited liability companies can get messy fast. A recent decision by the Illinois Appellate Court for the First District illustrates the importance of treating the limited liability company as a separate entity in disputes between members. The attorney-client privilege may hang in the balance.

In Janousek v. Slotky, 2012 IL

Increasingly, the Illinois Appellate Courts are placing restrictive covenants under greater scrutiny. This heightened scrutiny was reflected again in Critical Care Systems, Inc. v. Dennis Heuer, a recent decision from the Illinois Appellate Court for the Second District.

In this case, the defendant former employee, a managing pharmacist providing home infusion care services, executed

A recent decision from the Illinois Appellate Court for the First District should be a reminder to business owners, executives and advisors of the importance of following corporate formalities and the dire consequences of failing to do so. As most business owners know, the primary purpose of organizing a corporation is to insulate the business’

In the face of rising litigation costs, the most valuable benefit of a company’s insurance policy may be its insurer’s duty to defend claims. Often, claims asserted in litigation may include a mixture of covered and uncovered claims with some claims potentially excluded from the coverage provided by an insurance policy. Alternatively, the claims asserted

The case arises from circumstances in which Rico Industries, Inc. v. TLC Group, Inc., a recent decision by the Illinois appellate court, illustrates the adage pennywise, dollar foolish. A company negotiated an agreement to serve as the exclusive sales representative on behalf of another company. The terms of the agreement that was negotiated were