Liability for trademark infringement exists under both State and Federal law. Federal liability for Trademark Infringement can occur under either the (Lanham Act), or under the FTC (Federal Trade Commission) Act. Under Federal law, liability can occur for trademark infringement or trademark dilution. Trademark Infringement If a party owns the rights to a particular trademark, that party can Read More…
Benefits of Registering Your Trademark Or Service Mark!
There are basic advantages of both state and federal trademark or service mark registration. The following is a break-down of the main differences between both and some key advantages associated with federal trademark registration. State vs. Federal Protection State registration will provide a much more cost-effective way of obtaining the protection your business needs. However, Read More…
What Are Trademarks & Service Marks?
Trademarks, trade names and service marks are invaluable business assets. A trademark is any word, name or symbol that has been adopted and used by a person or business entity to identify the business’s goods, and to distinguish them from the goods of others. A service mark is any word, name or symbol that has Read More…
Why Use A Series LLC?
In order to diversify risk, someone with multiple rental or other investment properties would likely be advised to place each property into a separate entity. This was traditionally achieved with the use of a corporation or limited partnership in years past. Recently, however, the limited liability company has quickly become the entity of choice for Read More…
Illinois Employee Classification Act-What You Should Know!
In January of 2008, Illinois passed the Illinois Employee Classification Act (820 ILCS 185/1-999). In essence, the Act purports to prevent the misclassification of an employee as an independent contractor while conducting construction related activities. The law is basically an effort to prevent contractors from avoiding the payment of overtime benefits, payroll taxes, Workman’s compensation, etc. However, many Read More…