SFNR

Forward Thinking Strategic Counsel

SFNR

Forward Thinking Strategic Counsel

SFNR

Forward Thinking Strategic Counsel

Delivering exceptional value, listening to client objectives and diligently protecting their interests.

Schoenberg Finkel Newman & Rosenberg, LLC is a business-focused law firm with deep roots in Chicago. Since 1946, we’ve consistently been true to our founding principle: long-lasting client relationships based on trust, communication and responsiveness, paired with exceptional legal counsel.

Our clients range from public corporations to entrepreneurs, with an emphasis on representing small to mid-sized businesses.

TO LEARN MORE ABOUT THE FIRM’S NATIONAL SALES REP PRACTICE OR OUR
SUCCESSFUL PROPERTY TAX REDUCTION WORK, PLEASE CLICK BELOW.

Newsworthy Preview

SBA COVID-19 Loan Program

The Small Business Administration (SBA) is offering loans to small businesses of up to $2,000,000 to help overcome the temporary loss of revenue they are experiencing as a result of the COVID-19 pandemic. 

COVID-19 Response Plan

To our valued clients, colleagues and friends: At Schoenberg Finkel Newman & Rosenberg, we take our obligation to ensure a healthy and safe working environment as seriously as our commitment to providing a continuous, high level of service to our clients. Since...

Firm Move Announced for 2020

In September 2020, SFNR will relocate its offices for the first time since the early 1970s. SFNR just entered into a new lease calling for the firm to move into “The 300,” a recently renovated downtown office tower at 300 S....

SFNR Celebrates the “Beauty” of a Big Case Win

SFNR prevailed on a fraud claim in the U.S. District Court for the Northern District of Illinois. On behalf of a leading distributor of beauty products, SFNR asserted claims for common law fraud and fraudulent concealment against a longtime industry professional who...

Rep cranks out complete victory

Sales reps who make the difficult decision to take action upon suffering a contract breach oftentimes have to settle for the equivalent of a ground rule double. Perhaps the litigation results in recovering the unpaid sales commissions plus interest, but not the exemplary damages teased under a state statute.

Empowered sales rep protects his contract rights; delivers strong jolt to breaching principal

William Valle’s commission lawsuit against Powertech Industrial Co. Ltd. offers a little bit of everything.

Two versions of a contract, changing commission rates, enforceability questions, and the duty of good faith and fair dealing are all raised in this dispute. (So too is the perennial employee v. independent contractor battle, but that part of their contest will be saved for another day.)

Tax Planning with Appreciated Assets

Question: I own a stock portfolio which has appreciated significantly in value over the years. Can I transfer the portfolio to my aged mother and have her transfer it back to me upon her death so I can benefit from a step-up in basis when she dies?

Continuing Post-Termination Salary as Deferred Compensation

Question:        I am planning to retire and give stock in my business to my children in the next few years.  While I am not expecting any payments in return, I want to continue my salary following my retirement. Can the business continue to pay salary to me after I retire?