G & G Law Blog
The G & G Law Blog, published by G & G Law, LLC, focuses on legal issues relevant to small businesses, particularly in Illinois. It covers topics such as business formation, operating agreements, contracts, intellectual property, employment law, commercial leases, mergers and acquisitions, and compliance with state-specific regulations like the Biometric Information Privacy Act (BIPA). The blog also addresses practical concerns for small business owners, including navigating new legislation, understanding asset versus stock purchases, and recognizing common scams targeting LLCs. It aims to provide actionable legal guidance to help small business owners manage risks and grow their enterprises.
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Latest from G & G Law Blog
Asset v Stock Purchase: Which One is Better?
- Whether to structure a business purchase as an asset sale or a stock sale is one of the most important decisions in an M&A transaction.
- It’s important to consider a number of factors, including: liabilities; licenses, contracts, and relationships; tax
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Top 5 LLC Scams
- Scammers often target newly registered businesses.
- These scams often bear similarities to real communications from government agencies.
- The best defense is to stay alert and verify that such messages are legitimate.
Top 5 LLC Scams
A lot of new businesses
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Employers Beware BIPA: Illinois Biometric Information Privacy Act
Small businesses with employees who clock in and out using fingerprint scans or facial recognition need to be aware of a stringent Illinois law, the Biometric Information Privacy Act (BIPA), which applies to all entities operating in Illinois. This law
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New Laws in 2025
New year, new laws! In our 2025 annual legislative digest for Illinois’ small business community, we highlight seven new developments. Please note: This post covers only some of the new legislation taking effect this year and, while these laws certainly
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How to file your BOI Report
Confused and overwhelmed by the BOI Report? You aren’t alone. The Beneficial Ownership Information Report (BOI Report) is a newly required filing from the Financial Crimes Enforcement Network (FinCEN). In an effort to combat the use of shell and front
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Chicago’s Legal Updates in July 2024
- Several laws take effect in Chicago starting on July 1st, 2024.
- Hiring parties will be required to provide more paid leave and sick leave to their workers.
- The city’s minimum wage in 2024 will increase.
- The tipped minimum wage will
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New Paid Leave Laws for Illinois Employees
New Paid Leave Laws for Illinois Employees
- Three new major paid leave laws will go into effect in Illinois in 2024.
- The Paid Leave for All Workers Act applies to any employer with an employee in the state.
- Cook County’s
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The Paid Leave for All Workers Act
The Paid Leave for All Workers Act
In March 2023, the Illinois legislature passed and Gov. Pritzker signed the Paid Leave for All Workers Act (PLAWA). This law introduces some big changes that will affect Illinois business’ vacation time, sick
In March 2023, the Illinois legislature passed and Gov. Pritzker signed the Paid Leave for All Workers Act (PLAWA). This law introduces some big changes that will affect Illinois business’ vacation time, sick
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New laws in 2024
What are the new laws in Illinois for 2024?
New year, new laws! In our 2024 annual legislative digest for Illinois’ small business community, we highlight five new laws that take effect this year and one existing law getting an
New year, new laws! In our 2024 annual legislative digest for Illinois’ small business community, we highlight five new laws that take effect this year and one existing law getting an
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