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ARE YOU LIABLE FOR SELLING A COMPANY’S LIABILITIES? SUCCESSOR LIABILITY IN ILLINOIS

selleing companyIf you are considering buying another company's assets, one important consideration is: what liabilities of the seller will I be taking on? This question generally only arises in an asset purchase, as a stock purchase will typically result in liability on the part of the successor company. Whether a company that purchases the assets of another company can be h...
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NATIONAL NIGHT OUT

Waltz, Palmer & Dawson, LLC, was a proud sponsor of this year's Rolling Meadows Police National Night Out, and congratulate them on 30 great years. This article constitutes attorney advertising. The material is for informational purposes only, and does not constitute legal advice....
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COLLEGE TUITION FOR THE DIVORCED PARENT

College tuition expenses are a top concern for many parents. When parents divorce, the divorce decree will address all matters related to the dissolution of the marriage, including property division and child support. Under Illinois law, the judge presiding over the divorce has the power to allocate college expenses – including room and board, tuition, books, and ot...
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