IP Law & Caselaw Update

Plan to attend a new Illinois Institute for Continuing Legal Education (IICLE®) Business Law Institute full-day program focused on a variety of pressing business issues. Attorneys and other professionals will benefit from a high-level curriculum that includes knowledgeable commentary and practice advice to help them become well-versed in today’s business challenges and questions.

MBHB partner Michael Baniak is the featured speaker for a session entitled, IP Law & Case Law Update (see details below).

  • Analyze the benefits and risks of social media and implement effective procedures for control.
  • What business owner clients need to know when beginning a M&A.
  • Noncompete clauses, the rules have changed for protecting clients and sensitive information.
  • Provide direction to clients about their options following the sale of a business.
  • Write and evaluate solid shareholder agreements to avoid disagreements regarding valuation issues.
  • What constitutes “unclaimed property” and how to handle an “Unclaimed Property Audit.”
  • Protect clients’ intellectual property (IP) rights and identify issues that might compromise IP rights.



IP Law & Caselaw Update
This session will include a discussion of the dramatic impact of recent U.S. Supreme Court decisions that have upset many of the IP laws established over the last 30 years by the Federal Circuit, as well as impacts of the new America Invents Act. We will also review some very topical copyright cases regarding fair use, legislative efforts related to online piracy, hot trademark functionality cases, and a new Illinois

Supreme Court case on employment restrictive covenant law.The Developing New World of Noncompete Agreements
What is the fallout from Reliable Fire Equipment vs. Arredondo before the Illinois Supreme Court? Did it clarify the law? Discussion will include drafts, litigation and arguing the case.

Life After the Deal
In this session, we will discuss the top five considerations a business owner should think about when accumulating his wealth, managing his risk, and planning for life after the business. We will explore how portfolio construction, taxes, legal issues, and family dynamics impact a business owner’s long term wealth.

Shareholders’ Agreements
Frequently, disputes involving shareholders’ agreements derive from faulty, incomplete, or contradictory language concerning valuation issues. This presentation will demonstrate key areas of concern and propose appropriate language to address potential disputes. Various aspects of valuation typically embedded within a shareholders’ agreement will be addressed.

Merger and Acquisition Financing Update
Learn about improving M&A trends in 2012 (and beyond) compared to the last few years. We will examine what your business owner clients need to know when beginning a M&A deal, which criteria are important to banks when underwriting a M&A deal, and financing terms and amortizations based on level of collateral.

Unclaimed Property
Unclaimed property audits are on the rise as states look for new ways to increase revenue. Even companies with long histories of compliance are now being targeted for audits, with assessments reaching into the millions. The session provides an overview of the unclaimed property issues facing companies, including the impact of increased financial disclosure requirements, media scrutiny, how to determine whether your client is at risk, how to resolve past exposure, and what to do if contacted for an unclaimed property audit.

Electronics in the Workplace Effective and Appropriate Management and Policies
Learn about best practices for using Facebook, blogs, Twitter, and iPhones, placing and protecting information on your website and using material you find on the web.

Moderator: Gian G. Ricco, Stout Risius Ross, Inc., Chicago
Darren C. Baker, Schiff Hardin, LLP, Chicago
Michael Baniak, McDonnell Boehnen Hulbert & Berghoff LLP, Chicago
Eugene Boyle, Neal Gerber & Eisenberg LLP, Chicago
Christopher P. Casey, CPA, CFA, ASA, Stout Risius Ross, Inc., Chicago
Jason Chess, MBA, The Private Bank, Lake Forest
Irving M Geslewitz, Much, Shelist, Denenberg, Ament & Rubenstein, P.C., Chicago
Jim King, CPA, CFP, Balasa Dinverno & Foltz LLC, Itasca
Vincent J. Pappalardo, Stout Risius Ross, Inc., Chicago
Robert Tucci, True Partners Consulting LLC, Chicago
Anthony C Valiulis, Much, Shelist, Denenberg, Ament & Rubenstein, P.C., Chicago

Minimum CLE/CPE Accreditation: IICLE is an accredited sponsor for Illinois and most other states having minimum CLE requirements and mandatory CPE requirements for CPAs. Reporting instructions will be available at the programs.

Sponsored by: Illinois Institute for Continuing Legal Education (IICLE®) Business Law Institute

Register online at http://iicle.inreachce.com/Details?q=Baniak&groupId=7cac6a27-c967-415a-a95f-1f8c919b40fe