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Category Archives: Newsletters

Dealing with Breach of Contract

By MacDonald, Lee & Senechalle, Ltd. |

The days of the “handshake deal” where people conducted business relying solely on the honor and reputation of the other party are long gone. Every day, businesses engage in activity that involves contractual obligations, even if they have not specifically negotiated a written agreement with another party. The contract is the engine that drives… Read More »

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Trusts vs. Wills: Pros and Cons of Each

By MacDonald, Lee & Senechalle, Ltd. |

While no one wants to prepare for his own demise, if you have considerable property or even just a few valuable things, setting up a plan to dispose of your assets after your death is important. You have several estate planning options available to you, but the most common are wills and trusts. Our… Read More »

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Why Employee Handbooks are Important

By MacDonald, Lee & Senechalle, Ltd. |

Employee handbooks should be a staple to any business, whether the business is an international corporate conglomerate or a small business with only a few employees. While a small business may see no need for an employee handbook, many reasons to have such a handbook exist, particularly if a small business owner intends to… Read More »

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The Importance of Observing Corporate Formalities

By MacDonald, Lee & Senechalle, Ltd. |

Business law is puzzling to many, particularly with regard to corporations, because the laws and regulations governing corporations are tedious and complex. If you are an officer, director or majority shareholder of a corporate entity, a Des Plaines and Hoffman Estates attorney can provide guidance about how to protect yourself from a personal lawsuit;… Read More »

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Chicago Zoning: Where Can You Build Your Church?

By MacDonald, Lee & Senechalle, Ltd. |

If you are the head of a religious organization and wish to build a house of worship in the city of Chicago, things are not quite as simple as “on this rock, I will build my church.” Although residential zones in the city allow people to build churches, commercial zones require a special permit,… Read More »

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The Benefits of Alternative Dispute Resolution

By MacDonald, Lee & Senechalle, Ltd. |

A trial is not the only way to resolve a legal dispute. Even if litigation has already begun, parties can attempt negotiation and settlement by using alternative dispute resolution (ADR). ADR methods include mediation, negotiation, arbitration and collaborative law. ADR has multiple benefits, and our Des Plaines and Hoffman Estates attorneys can explain how… Read More »

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Important Considerations When Dissolving a Business

By MacDonald, Lee & Senechalle, Ltd. |

No one starts a business with the intention of closing it down. But the reality is that most entrepreneurs start and dissolve several businesses before they find the winning combination that assures their financial future. Today’s economic climate is tougher than ever and even once-flourishing businesses find themselves contemplating termination. When your venture has… Read More »

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Retention of Key Business Records

By MacDonald, Lee & Senechalle, Ltd. |

Proper record keeping is an essential component to running a successful business. Whether that means a banker’s box stuffed with hanging files or an ftp computer server with all your company emails, the retention of key business records is vitally important. Failure to keep the proper archives can have serious legal consequences in the… Read More »

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