Does Your Illinois Business Have A Registered Trademark?

gw_adminBusiness Law, Justice In Geneva

Businesses spend valuable time, effort and money on strategies to grow their market share.  Whether a business is a provider of services or a seller of goods, the manner in which a business distinguishes itself from competitors is not only important, but extremely valuable as the market for your services or goods grows and customers begin to identify with your brand.  Businesses should take great care to protect that brand, including the proper registration of trademarks. What are marks?  Broadly speaking, marks are slogans, symbols and designs your business utilizes to identify itself and its products or services.  Marks generally fit within three categories:  trademarks, service marks and trade dress.  Trademarks are words, symbols or designs that identify with a … Read More

Illinois Franchise Rights-Renewal

gw_adminBusiness Law, Justice In Geneva

Illinois Franchise owners often invest thousands, perhaps millions, of dollars and countless hours in building and running their franchise businesses. The right to operate these franchise businesses is typically governed by a contract that is commonly referred to as a “Franchise Agreement.” These contracts often have onerous anti-competition provisions which apply to franchise owners upon termination of the franchise. Termination of a franchise can occur for cause or, under most Franchise Agreements, after a set period of time. The question that keeps many franchise owners up at night is, “what happens to my business if the franchisor does not renew my franchise?” Luckily, the Illinois legislature has enacted legislation to protect franchise owners from the loss of their business. The … Read More