The third sin committed in succession planning is when the business owner fails to treat the business like a business. This sin is a common one for closely-held businesses. Remember that the goal of succession planning is to maximize the value of the business to take care of the people that Mom and Dad care […]
In the midterm elections on Tuesday, November 4, 2014, the Republican Party gained a majority in the U.S. Senate. Now with control of both the House and the Senate, it is likely that the GOP will introduce legislation in an attempt to stop many of the current administration’s employment agendas. Although President Obama maintains veto […]
O’Neil, Cannon, Hollman, DeJong & Laing S.C. has been ranked in the 2015 “Best Law Firms” list by U.S. News & World Report and Best Lawyers® in the following areas: • Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law • Commercial Litigation • Construction Law • Corporate Law • Product Liability Litigation–Defendants • Family Law […]
In a move that could significantly increase the risk associated with unfair labor practice litigation for employers, the National Labor Relations Board (“NLRB”) issued a decision on October 24, 2014 that stated it has authority to order expanded remedies for violations of the National Labor Relations Act (“NLRA”) that are “egregious and pervasive.” In HTH […]
The second sin committed in succession planning is when the business owner acts too much like a parent and mistakes “fairly” with “equally.” The origin of this sin starts on the date the second child is born. As parents, Mom and Dad want to make sure each child knows that they love him or her […]
On October 8, 2014, O’Neil, Cannon, Hollman, DeJong & Laing S.C. hosted a Continuing Legal Education seminar focusing on legal issues of interest to Wisconsin small firm and solo practice attorneys. Approximately 70 attorneys attended the event. The firm’s Managing Shareholder, Jim DeJong, presided over the event. Chad Baruch of Dallas, Texas was the keynote […]
Over the next few weeks, this blog will analyze the Seven Deadly Sins of Succession Planning. And what are those sins? They are the mistakes business owners make in attempting to make the transition of their closely-held business successful. Why do they make them? They forget the most important fundamental that their estate plan needs to […]
Attorney Gregory S. Mager presented at the Collaborative Family Law Council of Wisconsin’s Second Saturday on October 11, 2014. The Council’s Second Saturday program is designed to inform the general public regarding collaborative divorce. Mr. Mager is a member of the Collaborative Family Law Council of Wisconsin, and a shareholder with O’Neil, Cannon, Hollman, DeJong […]
Effective January 1, 2014, a fundamental change was made to the method by which public construction projects are led by the State of Wisconsin’s Department of Administration. Wisconsin adopted a new single-prime delivery method to replace its former multiple-prime method. Under the former multiple-prime method, the State would contract with a principal contractor, but would […]
Attorney Gregory S. Mager presented “Civil Procedure, Evidence, and Pretrial Discovery” and “Temporary Hearings—A Panel Discussion” in August, 2014 at the State Bar of Wisconsin’s 33rd Annual Family Law Workshop in Sturgeon Bay, Wisconsin. Mr. Mager is the Director of the Family Law Section of the State Bar of Wisconsin, and a shareholder with O’Neil, […]
