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Lost Profits Recoverable Where No Net Profit?  For Professional Corporations, Yes.

Lost Profits Recoverable Where No Net Profit? For Professional Corporations, Yes.

by Michael D. Furlong | Mar 9, 2018 | Damages

It is no secret that corporations often try to reduce their tax liability by redirecting revenue taken in toward paying highly compensated employees. This allows the corporation to deduct the salaries as an expense and thus show less taxable net profit.  But how does...
Trucking Company Pays for Failure to Settle Early

Trucking Company Pays for Failure to Settle Early

by Michael D. Furlong | Feb 28, 2018 | Personal Injury

The Illinois Supreme Court’s opinion in Antonicelli v. Rodriguez instructs that timing is sometimes key when it comes to settling a personal injury lawsuit.  Antonicelli involved the case of a woman who suffered severe and permanent injuries when her vehicle collided...

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  • Lost Profits Recoverable Where No Net Profit? For Professional Corporations, Yes.
  • Trucking Company Pays for Failure to Settle Early

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