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Quote of the Week


“An Oral Agreement isn‘t worth the Paper it is Printed on.”

- Movie Producer Samuel Goodwin


Crane Law News


Shareholder Personal Liability Audit

Limited liability is the primary reason most business owners incorporate their business. A corporation is a legal entity separate and apart from its Shareholders, who are not ordinarily liable for the corporation’s debts, obligations and liabilities. However, limited liability is not absolute. It is simply not enough to form a corporation to avoid personal liability. Under  Continue Reading »

Book Review: Buy-Sell Agreements for Closely Held and Family Business Owners

The Book Review was published in the January/February 2011 issue of The Value Examiner, the magazine of the 4,500 member National Association of Certified Valuators and Analysts. BOOK REVIEW Buy-Sell Agreements for Closely Held and Family Business Owners: How to Know Your Agreement Will Work Without Triggering It By Z. Christopher Mercer, ASA, CSA[1] Peabody  Continue Reading »

Video: Senior Circuit

Three days a week, the 60- to 73-year-old men of the Jaxx baseball team trot out to a field in suburban Chicago to play a child’s game. Senior Circuit from Gordon Voit on Vimeo.