Building the legal foundation for your business

Corporate Transactions

From entity formation through growth and exit, we provide the transactional counsel that businesses need at every stage. Our practice combines commercial awareness with disciplined legal execution to support your most important business decisions.

Entity Formation & Structure

Choosing the right business entity is one of the most consequential decisions a founder makes. We advise on the formation and structuring of LLCs, corporations, partnerships, and joint ventures — considering liability protection, tax implications, governance flexibility, and future fundraising or exit plans. We also handle operating agreements, bylaws, and shareholder agreements that establish clear rules for ownership, management, and decision-making from day one. Illinois entity formation is governed by the Illinois Business Corporation Act of 1983 (805 ILCS 5) and the Illinois Limited Liability Company Act (805 ILCS 180).

Mergers & Acquisitions

Whether you are acquiring a competitor, merging with a complementary business, or selling the company you built, M&A transactions require careful legal guidance at every step. We handle due diligence, deal structuring, negotiation and drafting of purchase agreements, representations and warranties, indemnification provisions, and post-closing integration issues. Our IP and technology background is particularly valuable in transactions involving software companies, tech startups, and businesses with significant intellectual property assets.

Corporate Governance

Good governance protects both the business and its stakeholders. We advise boards of directors and management teams on fiduciary duties, corporate formalities, board resolutions, annual compliance requirements, and conflict-of-interest policies. Illinois corporate directors are subject to fiduciary duties codified under 805 ILCS 5/8.65. For growing companies, we help establish governance frameworks that scale with the business and satisfy the expectations of investors and partners.

Commercial Agreements

The contracts your business signs every day define its relationships and allocate its risks. We draft and negotiate a wide range of commercial agreements, including joint venture agreements, strategic partnership agreements, licensing deals, distribution agreements, and supply contracts. Our goal is to produce clear, enforceable agreements that protect your interests while facilitating the deal.

Key Services

  • LLC and corporation formation
  • Operating agreements and bylaws
  • Mergers and acquisitions
  • Due diligence (including IP)
  • Corporate governance advisory
  • Commercial contract drafting and negotiation
  • Joint ventures and strategic partnerships

Frequently Asked Questions

Related Cases

Breach of Contract

Enforcing agreements and securing remedies when promises are broken. Whether you need to enforce a contract or defend against a breach claim, we provide strategic representation.

Complex Commercial Litigation

When business disputes escalate beyond simple contract claims, you need experienced trial counsel who can navigate the complexity. We handle the full spectrum of commercial litigation — from tortious interference and fiduciary duty breaches to multi-party business conflicts.

IP Litigation

With 9+ years of combined in-house and law firm experience, we bring litigation skill, technical understanding, and a track record of results to every case — from patent infringement claims to multimillion-dollar trade secret trials.

Technology and Software

Our attorneys build AI-powered applications and own a SaaS company — so we understand modern software from the inside. That hands-on experience makes a difference when advising on AI governance, negotiating SaaS agreements, or resolving software disputes.

Fraud

Pursuing justice and recovery in cases of deception or financial misconduct. We represent clients who have been victims of fraud, misrepresentation, and dishonest business practices.

HOA Disputes

Guiding homeowners and associations through fair resolution of conflicts. Whether you are a homeowner or an association, we help resolve disputes efficiently and equitably.

Title VII Discrimination/Employment Disputes

Standing up against workplace discrimination, wrongful termination, and employment disputes. Every employee deserves to work free from discrimination and unlawful treatment, and we fight to protect those rights.

Real Estate Disclosure Act

Protecting buyers in disputes over hidden property defects. Illinois law requires sellers to disclose known material defects, and we enforce those obligations.

Patent & Trademark Protection

We help inventors, entrepreneurs, and businesses secure patent and trademark protection that aligns with their commercial strategy. Our engineering background means we understand your technology as well as the law.

Personal Injury

Helping accident victims recover compensation for medical bills, lost wages, and pain and suffering. We have recovered millions for our clients and will fight relentlessly for you.

Let's Connect

Whether you need a fearless trial attorney, experienced IP counsel, or guidance on a technology matter — we are ready to help.

Based in Chicago. Licensed in Illinois and Wisconsin. Serving clients nationwide.

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Or reach us directly at contact@krepplaw.com

Our Office

1111 N Spaulding Ave

Chicago, IL 60651

We typically respond within 24-48 hours.