We are pleased to announce three McKenna Storer partners were named to the 2017 Illinois Super Lawyers lists, an honor to which no more than 5 percent of the lawyers in the state are selected:
Insurance Defense and Bad Faith Actions: Requirements to Plead the Reasonable Probability Standard
Those working in insurance defense litigation are familiar with bad faith claims which can arise when insurers breach the duty to act in good faith when responding to settlement offers. According to the Illinois Supreme Court: “The ‘duty to settle’ arises because the policyholder has relinquished defense of the suit to the insurer. The policyholder […]
Five Data Privacy Trends for 2017
As we begin the new year, it is important to look ahead at the privacy and data security issues that will impact businesses in 2017.
Six Important Features of Purchase Agreements When Buying A Small Business
One of the most important aspects of selling or buying a business is the purchase agreement. Purchase agreements should clearly define the rights and obligations of each of the parties and accurately reflect the key terms of the transaction.
Why An Excess Insurer Cannot Seek Equitable Contribution From A Primary Insurer
There are many situations where one insurance coverage company will seek contribution from another insurance company for defense costs and indemnity payments. However, this does not give insurers a carte blanche to file lawsuits against each other seeking reimbursement.
Three Ways Your Business May Respond to a Data Breach: FTC Issues Guidance for Data Privacy Breach Response
The Federal Trade Commission (FTC) recently released data breach response guidance for businesses. Data security has become an increasingly important issue to businesses of all sizes, so the FTC has tried to provide guidance in this area.
Four Sources of Information When You Need Financing For Your Small Business
Whether you are an entrepreneur starting a business from the ground up, an investor searching for an attractive franchise in which to invest or an owner in need of financial assistance for your small business during an economic slump, one of the most important factors is your ability to get the funds to finance your […]
2016 Annual HotTopics Series – November 3
We are hosting a HotTopics breakfast session on November 3, 2016. Creditors of the Closing Business – From both sides, in and out of bankruptcy.
We’re excited to announce the launch of our newly redesigned website
We’ve loaded our new site with articles, blogs and other informative materials for anyone searching for reliable information about the many practice areas handled by our team of skilled and knowledgeable attorneys. I invite you to check out the website, navigate through its sections, and let us know what you think.
BYOD: Creating a BYOD Policy for Your Business
Drafting and maintaining a “Bring Your Own Device” (BYOD) policy is now a necessary component of any company’s privacy program. Advances in technology have provided employees the opportunity to use their own devices for work-related purposes. Now, a parent can use his/her personal laptop to remotely access a company computer while taking care of a […]