Piercing the Corporate Veil in Illinois: When Business Owners Face Personal Liability

Can I Be a Partner in a Business Without a Formal or Written Agreement? The simple answer is yes. A written partnership agreement is helpful and is the best way to avoid confusion, but it is not always required for a partnership to exist. In Illinois, a court can find that people were partners even […]
Can I Be a Partner in a Business Without a Formal or Written Agreement?

Can I Be a Partner in a Business Without a Formal or Written Agreement? The simple answer is yes. A written partnership agreement is helpful and remains the best way to avoid confusion, but it is not always required for a partnership to exist. In Illinois, a court can find that parties formed a partnership […]