Business Law

BUSINESS LAW

Guiding your company through formation, expansion, and succession

In today's business environment, financial and legal issues are intertwined more than ever before. Whether you are an entrepreneur or own an established business, as your business evolves from formation to expansion to crafting an exit strategy, your legal needs change. Whether your business is small or large, every business needs effective legal representation. The business attorneys at Lavelle Law will guide you through your company's growth cycle, from beginning to end.

Our Services

  • Annual Compliance and Corporate Formalities
  • Business Litigation 
  • Business Succession Planning
  • Customer-Supplier Agreements 
  • Cybersecurity and Data Privacy
  • Deferred and Incentive Compensation Plans
  • Director and Officer Representation
  • Employee Stock Ownership Plans
  • Franchise Law
  • Intellectual Property, Copyrights, Trademarks
  • International Trade Law
  • Mergers and Acquisitions
  • Negotiating and Documenting Business Transactions
  • Operating, Shareholder, and Buy-Sell Agreements
  • Restricted and Phantom Stock Plans
  • Startups, Formations, and Choice of Entity

OUR BUSINESS LAW TEAM

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A man in a suit and tie is smiling for the camera.
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A bald man in a suit and tie is looking at the camera.
A man in a suit and tie is smiling for the camera.
A man in a suit and tie is smiling for the camera.
A man in a suit and tie is smiling for the camera.
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A woman in a suit is smiling for the camera with her arms crossed.
A man in a suit and tie is smiling for the camera.
A man in a suit and tie is smiling for the camera
A man in a suit and tie is smiling for the camera.

Business Law Posts

Lavelle Law News and Events

Learn about essential legal protections to strengthen your business and safeguard your interests.

Essential Legal Protections for Your Business

By Lavelle Law • April 9, 2025
Join us on May 21 in Schaumburg for an engaging Breakfast Briefs seminar, delving into vital strategies to fortify your business. This session will explore the critical role of crafting ironclad non-compete agreements, shielding your trade secrets, and mastering the nuances of temporary restraining orders (TROs) and injunctive relief. Our presenters, attorneys Matthew Sheahin and Jennifer Tee, bring a wealth of experience in this legal domain. Seize this chance to bolster your company’s legal protections and lay a solid groundwork for enduring success!
FinCEN Eliminates BOI Reporting Obligations!

FinCEN Eliminates BOI Reporting Obligations for Domestic Companies

By Frank P. Portera • March 25, 2025
On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) issued its interim final rule stating that those entities previously classified as "domestic reporting companies" are now exempt from all BOI reporting requirements. On the other hand, all foreign entities registered to do business in the USA must file their own initial BOI reports within 30 days of the initial final rule's publication, if they have not done so already.
Delaware Court Provides the Standard of Supreme Review for the Redomestication of Corporations

Delaware Court Reverses Chancery Court and Provides the Standard of Review for the Redomestication of Corporations

By Steven A. Migala and Anthony Letto • March 12, 2025
Delaware corporations seeking to redomesticate to another state should be advised that on February 4, 2025, the Delaware Supreme Court issued its highly anticipated decision in Palkon v. Maffei, C.A. No. 2023-0449-JTL, addressing a challenge to TripAdvisor's redomestication from a Delaware corporation to a Nevada corporation. The case raised important questions regarding the standard of review applicable to such reincorporations, particularly when fiduciaries may derive a benefit from shifting to a legal regime perceived as more friendly.
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