Our Chicago technology attorneys recently began representing an IT consulting firm that implements solutions that enable search features for websites and company-wide information systems. For example, this Chicago-based professional services company is a leading partner for the installation and customization of Google Search Appliances for locating and using information resources on public-facing websites and internal electronic repositories. Our Chicago contract attorneys advise this client in the negotiation of a master services agreement (MSA) and statement of work (SOW), and similar documents, for a range of companies. Initial representations have included projects for a large hospital system, Hollywood online and video gaming publisher and Silicon Valley developer of human interfaces for consumer electronics makers. Information technology procurement and sales matters are a core competency of Jeremy A. Gibson & Associates, PC, including for SaaS, software, hardware, consulting, support, maintenance and service level agreement (SLA) issues.
Our Chicago business attorneys recently assisted the founders of a new company to develop and deploy near field communications (NFC) applications or solutions for smartphones and similar devices. NFC technologies and capabilities allow for the exchange of information by touching or tapping enabled devices with other devices or certain chips or tags. These exchanges are conducted in close proximity, with low power demands and using radio frequencies. Our client is based in Chicago and has several demonstrations of NFC concluded or in negotiation. We incorporated the company, advised the principals with respect to organizational considerations, provided a shareholder agreement and filed key trademark registrations. Our Chicago corporate lawyers regularly assist in the formation of corporations and LLCs (limited liability companies) for businesses to work with emerging technologies.
The firm recently worked with an owner and executive of a specialty metal parts manufacturer who had come to a strategic fork in the road. He had started and built the company over two decades. However, in connection with some past financing and restructuring activities that resulted in additional investors and partners, he had become a minority owner and had philosophical and operational differences with his colleagues. Through his longtime industry involvement, he was presented the opportunity to join another company at a senior level to pursue a new production method and product line. We advised him on proprietary considerations of a possible move as well as negotiation of a long-term employment agreement with the new company. Then we represented him in the valuation of his founder’s interest and the buyback of his stake by the original company, along with the wind down of ancillary employment, loan and guarantee arrangements. Our Chicago business lawyers frequently counsel founding owners who reach an inflection point with their businesses.
Our Chicago corporate lawyers delivered contract management and negotiation services to the law department of a leading consumer financial services company headquartered in the northern suburbs of Chicago. Chicago business attorney Jeremy Gibson assisted with a wide array of transactions for the company’s credit card, banking, payment system, mortgage and student loan units. Among other things, Gibson handled marketing, professional services, real estate and technology contracts, including software license, SaaS (“software as a service”), hardware, implementation, support & maintenance, hosting and service level agreements. Key projects included the acquisition of accounting integration software, research & development of a proprietary credit card prototype and demonstration of a biometric payment technology. Gibson also assisted in the testing of, migration to and rollout of a new contract life cycle management software package. This was a long-term engagement that was almost one year in length. Gibson previously worked as an in-house corporate and commercial attorney and often assists corporate law departments with contracts and other projects.
Our Chicago business attorneys assisted a retail consultant regarding state laws applicable to the consultant’s clients. Retailers in recent years have begun to electronically scan at the point-of-sale certain information contained in state driver licenses and identification cards, such as that contained in bar codes or other machine-readable formats. The retailers may be interested in copying, storing and using such consumer information in connection with alcohol, tobacco, pharmaceutical, refund or exchange and other transactions. There could also be marketing applications for such data. Some individuals, privacy advocates and public interest groups have expressed concerns about these practices and several states have enacted laws, or seen proposed legislation, to restrict or regulate such activities, including Hawaii and Nebraska. Accordingly, the Chicago information technology attorneys of Jeremy A. Gibson & Associates, PC conducted a multi-state research and analysis effort for the client to determine the current regulatory landscape for the scanning of driver licenses and identification cards by retailers and provide a report. The firm regularly helps clients stay abreast of privacy and other regulations regarding the handling of sensitive data.
The firm’s Chicago small business attorneys routinely help entrepreneurs navigate legal matters from formation through dissolution. In the initial quarter of the year, we have worked with new or small businesses on such issues as the following:
- the sale by a Chicago insurance agency of its portfolio of automobile insurance policies and customers to another neighborhood agency;
- the filing of four trademark registrations upon behalf of a new business in the northern suburbs offering horse-themed products and counseling regarding the possibility of patent protection for certain product designs;
- the formation an LLC (limited liability company) for an executive chef to provide catering services in the Midwest for marketing events of a famous, high-end kitchen appliance maker;
- the counseling of an information technology manager upon entering into a contract with her Loop-based employer for her LLC to undertake a software customization and consulting project, including as to conflict of interest and contract considerations;
- the organization of an LLC upon behalf of a corporate manager to provide hardware and software maintenance and support services in Chicago; and
- the drafting and preparation of an independent contractor agreement template for a marketing services business in northern Illinois and southern Wisconsin that helps medical practices promote and develop their businesses.
The Chicago corporate lawyers of Jeremy A. Gibson & Associates, PC offer timely, cost-effective assistance on these and many other matters to small businesses in the Chicago area.