We send you our greetings and best wishes this holiday season, and hope you and your loved ones are well and safe. 2021, like 2020, was another historic year, as we continue to deal with the COVID pandemic and the challenges that it brings. We celebrated (quietly)...
Carter & Tani Legal Blog
Amendment to Illinois Freedom to Work Act, Effective January 1, 2022
by averson | Dec 6, 2021 | Business Law, Carter & Tani Legal Blog
There has been a national trend to limit the enforceability of restrictive covenants, namely non-competition and non-solicitation agreements. In a non-competition agreement, an employee agrees not to compete with the employer for a specified period of time after...
Diversity and Inclusion
by ctani | Oct 18, 2021 | Carter & Tani Legal Blog, Firm News, Franchise
Earlier this year I wrote a blog about Racial Equity. As a female Asian American, I am keenly sensitive to issues of diversity and inclusion. In May I participated in the 21-Day AAPI Racial Equity Habit-Building Challenge that the American Bar Association...
Looking to buy a franchise in the pandemic world? Consider these things.
by Doris Carter | Jul 15, 2021 | Franchise
Recent articles have indicated that there is going to be surge in franchise sales in the next two to three years as we are on our way to coming out of the pandemic. Of course, the pandemic has impacted some franchise systems more than others based on the nature of...
Alissa Carter Verson – 5 Years in Franchise Law at Carter & Tani
by averson | Jun 22, 2021 | Business Law, Carter & Tani Legal Blog, Firm News, Franchise
In May, I celebrated 5 years as an Associate Attorney with Carter & Tani and 5 years as a franchise attorney. While the learning curve was steep, in these past 5 years I have developed a passion for franchise law and providing services and advice to our franchise...
Racial Equity: A Personal Reflection by Christine Tani
by ctani | May 25, 2021 | Carter & Tani Legal Blog
May is Asian American and Pacific Islander Heritage Month. Most of us are aware that February is Black History Month, which started in 1976 as an observance and celebration of achievements by African Americans and a time for recognizing their central role in...
An (My) Introduction to Franchise Law
by bvanairsdale | Feb 9, 2021 | Business Law, Carter & Tani Legal Blog, Disclosure, Firm News, Franchise
As a transactional attorney, especially one with experience representing small retail businesses, I often consider my audience with whom I am interacting, whether it be another attorney, a sophisticated investor, or a business owner. Each of them brings a different...
Carter & Tani Celebrates its 30th Anniversary
by ctani | Jan 27, 2021 | Business Law, Carter & Tani Legal Blog, Firm News, Franchise
30 years ago, in January of 1991, Doris Carter and Christine Tani took a brave leap of faith and formed Carter & Tani. We decided that the western suburbs of Chicago needed a franchise law firm. Although still young lawyers at the time, we had a combined 20...
Annual FDD Update and State Registration Renewals in 2021
by Doris Carter | Jan 14, 2021 | Firm News
It will soon be that time of year when we will be working with our franchisor clients to prepare the required year-end updates to their Franchise Disclosure Document and file state registration renewal applications. If you are a franchisor with a December 31 year end,...
An Update to FASB’s ASC 606 Accounting Revenue Standard
by bvanairsdale | Jan 7, 2021 | Business Law, Carter & Tani Legal Blog, Franchise, Subfranchisor
For general context, the Financial Accounting Standards Board (FASB), issued Accounting Standard Codification 606, Revenue Recognition (“ASC 606”) on May 28, 2014 which originally required non-public franchisors to adopt a new GAAP-compliant accounting revenue...
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