Leo & Weber – Business and Commercial Litigation Attorneys - Chicago, Illinois and New Buffalo, Michigan
The Chicago law firm of Leo & Weber was founded by T. Scott Leo and Michael Weber in 1998. The firm has recently expanded with the opening of its Michigan office. The firm provides services throughout the Midwest and nationally in the areas of fidelity insurance and litigation, surety bond claims and litigation, surety creditor workouts and bankruptcies, construction litigation, business and commercial litigation.
Leo & Weber has attorneys who are licensed in Illinois, Michigan and Minnesota. Its attorneys are experienced trial attorneys who have tried some of the largest surety cases in the industry. The firm members have published numerous journal articles and papers on construction law, fidelity and surety law and have lectured to a wide range of industry groups.
The goal of Leo & Weber is to provide the highest quality service to its clients in those areas of the law in which its lawyers are highly qualified. It is a small firm that offers the experience and range of services within its areas of practice that gives it the depth of a large firm, while being committed to offering the personal attention to client matters that is the mark of a small firm.
Business and Commercial Law - An Overview
Business law and commercial law are broad legal topics that encompass business, commerce, consumer transactions, and the formation and management of business entities. Some of the more important areas of commercial law include sales, secured transactions, negotiable instruments, and debtor and creditor law.
An attorney with experience in business and commercial law can help you with all of your questions.
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The Sale, Lease and Distribution of Goods
Contracts for the sale, lease and/or distribution of goods are primarily governed by state law. However, most states have adopted the Uniform Commercial Code (UCC) with regard to these topics. An attorney who is experienced with the UCC can help you with your questions.
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Secured Transactions and Negotiable Instruments
Secured transactions and negotiable instruments are two important areas of commercial and business law. In a secured transaction a borrower agrees that the lender may take property owned by the borrower as collateral should the borrower default on a loan; in other words, it is a way to secure a loan. A negotiable instrument is a writing that promises the payment of a fixed amount of money. Both of these areas are essential to modern business loans and everyday transactions.
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Consumer Credit: Debtor and Creditor Laws
Credit allows people to promise to pay in the future in order to buy or borrow in the present. Credit is vital to our commerce system and is used every day by businesses and consumers. An understanding of the law governing credit is vital to protect your own interests, whether you are the creditor, a business owner, an entrepreneur or a lending agency.
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The Forming and Managing of Business Entities
The forming and managing of business entities are important areas of business and commercial law. There are a variety of common business organization forms. However, most businesses are well served by a variation of one of the four major organizational forms. These major forms include: (1) the sole proprietorship, (2) the partnership, (3) the limited liability company and (4) the corporation. Each form has its specific advantages and pitfalls. A core focus on liability and tax implications should guide a new business owner in his or her selection.
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