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2012 Articles

Auditor inquiry letters and attorney response letters—Does your client understand what is involved? By Tracy J. Nugent June 2012 This article addresses some issues for counsel to consider, discusses the ABA Policy addressing those issues, and provides an example form Response Letter for illustration.
The Chair’s corner By Kenneth J. Ashman June 2012 A note from Section Chair Kenneth J. Ashman.
The Chair’s corner By Kenneth J. Ashman April 2012 An introduction to the issue from Section Chair Kenneth Ashman.
Creditors’ rights against a member’s interest in an LLC By Charles W. Murdock June 2012 Effective January 1, 2012, the Code of Civil Procedure was amended to add a new provision by which the remedy of a charging order could be obtained, inter alia, by serving a citation to discover assets, either on the judgment debtor or against any third party who possesses property belonging to the judgment debtor.
Creditors’ rights against a member’s interest in an LLC By Charles W. Murdock June 2012 Effective January 1, 2012, the Code of Civil Procedure was amended to add a new provision by which the remedy of a charging order could be obtained, inter alia, by serving a citation to discover assets, either on the judgment debtor or against any third party who possesses property belonging to the judgment debtor.
New Illinois Business Laws for 2012 By William A. Price April 2012 Recent changes of interest to business law practitioners.
Saint or sinner? The efficacy of the proposed “1,000 Shareholder” Amendment to Section 12(g) By Cory White April 2012 The move to a 1,000 shareholder limit would not cause as serious a deficiency in reporting as it may initially seem, as the new law would move more in line with current market realities. 
Small and medium enterprises considering exporting to China should be mindful of protecting their intellectual property rights By John J. Tufano April 2012 For small and medium enterprises considering exporting to China, understanding how to protect intellectual property rights abroad is a key component to due diligence.