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Business

What is the Difference between a Family Limited Partnership and an LLC?

What is a Family Limited Partnership?

In this article, we will answer the question “can a Family Limited Partnership be an LLC?” by defining “what is a family limited partnership?” and “what is an LLC?” LLCs and Family Limited Partnerships are similar, but they have distinct differences that make them two different options for structuring your business.

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Minority Shareholder Derivative Actions Explained | Illinois Corporate Litigation

What is a Shareholder Derivative?

In this article, we explain minority shareholder derivative actions in Illinois. A minority shareholder is a shareholder who owns less than 50% of the total shares of a corporation’s stock. For more on the definition of a minority shareholder, check out our article, What Are Minority Shareholders?

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Negligent Hiring in Illinois | What is Negligent Hiring?

Negligent Hiring

In this article, we explain negligent hiring in Illinois.

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