A caller to our office was really mad because he had just bought a business and felt that he didn’t get what he had bargained for.  Seems that the company he is now running makes deliveries to grocery stores and their biggest client as of August was Dominick’s.

Perhaps the person that sold him the business knew that store was closing and that’s why he wanted to get out.  And if he had hid that information from the buyer then there might have been the basis for a commercial litigation lawsuit.  Maybe.

The problem is that this deal didn’t close…
Continue Reading Buying a Business in Illinois – The Most Important Thing