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Aaron L. Hammer, John W. Guzzardo and Nathan E. Delman of HMB Legal Counsel have been retained as counsel for the wind-down trustee in In re OGGUSA, Inc. (f/k/a GenCanna Global USA, Inc.). Earlier this year, CBD giant GenCanna made national headlines when its creditors forced the company into a Kentucky bankruptcy court After a high stakes court battle which…

Chicago, IL December 18, 2020 HMB Legal Counsel, a preeminent provider of legal services in Business and Finance, State and Local Tax, Trusts and Estates, Bankruptcy, Reorganization and Creditors' Rights, Real Estate and Litigation announced that Robert J. Schaul was elevated to partner. Robert is a partner in HMB’s Business and Finance Group. He focuses his practice on general corporate…

HMB congratulates TruQua, a Chicago-based IT Consulting company, for its sale to IBM. TruQua will enable IBM to broaden its consulting expertise and capabilities to help clients implement SAP solutions that will improve and automate financial management workflows, enhance operational efficiency and, ultimately, drive an enterprise-wide transformation through the adoption of SAP S/4HANA, the latest generation of SAP's ERP business…

HMB congratulates Svoboda Capital Partners LLC ("SC") on their partnership with Clarion Healthcare ("Clarion"). Founded in 1998, SC is a Chicago-based private equity firm that identifies, invests in and helps build excellent businesses in its targeted business niches: value-added distribution, business services and consumer products. “Clarion is a very impressive organization, delivering high value to clients by bridging the intersection…

We are pleased to announce that HMB earned top recognition in the 2021 edition of  U.S. News & World - Best Lawyers "Best Law Firms." Additionally, HMB was named a Tier 1 law firm in Chicago for Trusts & Estates. Richard M. Horwood and Jeffrey A. Zaluda were selected by their peers for inclusion in The Best Lawyers in America in the practice…

RED South Beach and its turnaround professionals have been awarded the Small Business Turnaround of the Year Award from the TMA’s Chicago/Midwest Chapter. HMB attorneys Aaron L. Hammer, John W. Guzzardo and Nathan E. Delman served as legal counsel to RED South Beach in its turnaround. Although this year’s celebration will be virtual, the Chapter’s Awards Committee and Board will…

The Illinois Craft Cannabis Association ("ICCA") filed suit against the State of Illinois and Illinois Department of Agriculture on Monday, October 12 to compel the defendants to issue overdue licenses and provide injunctive relief to the cannabis craft grower, infuser and transporter applicants that were expecting licenses to be issued on July 1, under the law, but are now racking…

HMB congratulates FingerprintJS and its founders, Dan Pinto and Valentin Vasilyev, on closing a $4M financing round. The company, a new kind of toolkit offering a browser fingerprinting service, is based on an open-source project that already has 5 million downloads and 8,000 websites using the service. “We have a unique opportunity to disrupt the fraud technology market by enabling our…

Over the past twelve months, HMB Legal Counsel (“HMB”) helped navigate a smooth landing for distressed aircraft manufacturer Thrush Aircraft, Inc. (“Debtor”), culminating in a successful sale of substantially all its assets and the subsequent confirmation of a joint plan of liquidation in August 2020. In September 2019, HMB was appointed as counsel to the Official Committee of Unsecured Creditors…

HMB congratulates AM Money, also known as Chicago Student Loans, and CEO & Founder Daniel Rogers, on closing a financing round. AM Money fights to give low-income students across the city, state and country every opportunity to graduate from college, find quality employment and build wealth. Google for Startups is one of AM Money's many supporters and has provided additional funding through…

2021 Illinois Super Lawyers John W. Guzzardo Richard M. Horwood Fred O. Marcus Jeffrey A. Zaluda 2021 Illinois Super Lawyers - Rising Stars Matthew R. Barrett Super Lawyers is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high-degree of peer recognition and professional achievement. The selection process is multi-phased and includes independent research,…

HMB congratulates AeroPay, a Chicago-based alternative payments platform, and CEO & Founder Daniel Muller, on closing a seed round to accelerate its growth led by Continental Investors. The AeroPay platform eliminates traditional payment processing burdens and enables seamless bank-to-bank digital payments between businesses and their customers. The platform is built to work in any environment, both in-person or online. With…

In the Illinois Practitioner Series, HMB's SALT team discusses various topics covering Illinois Procedures, Corporate Income Tax, Retailers' Occupation Tax (Sales Tax) and Use Tax and Local Taxes. Questions? Reach out to the state and local tax team here.  …

Cohesion, a Chicago-based startup which makes a SaaS platform for building managers, announced that it raised $6.5 million in a funding round led by HPA, with participation from Frasers Property Group, investment firm CMT and a host of individual angel investors. HMB represented Hyde Park Angels (HPA) in their lead investment and congratulates HPA on the closing. HPA's people-first approach…

HMB congratulates client, Red Flag Mania, a game-based investigative experience, and founders Roni Jackson and Kelly Richmond Pope, on their recent partnership with WGU Labs, Inc. ("WGU"). Under the agreement, WGU will make both a service and capital investment in Red Flag Mania, that's innovative e-learning solution combines film, theory and "whodunit" fun to empower learners to use data to…

It’s hard to believe that HMB first opened its doors this week, 45 years ago. This milestone celebrates decades of our collective determination to deliver better results to our clients. HMB was founded by Dick Horwood in 1975, focusing on tax matters. “When I started HMB I wanted to create a firm built around a culture of mutual respect and…

Mark-It Express Logistics LLC ("Mark-It"), a leading Midwest intermodal trucking and freight brokerage company, acquired Sava Transportation ("Sava"), a Maywood, Illinois-based intermodal freight hauling company. HMB represented Mark-It in the acquisition. (more…)…

Chicago, IL July 21, 2020 HMB Legal Counsel, a preeminent provider of legal services announced Brett M. Winterstein as the Practice Chair for the Business and Finance Group. As a practice group leader, Brett will oversee coaching, planning, economic oversight, positioning and recruitment for his group. Practice group leadership transitions are part of HMB's planning and leadership strategy, designed to…

HMB litigators Rick S. Rein and Karl E. Analo secured a complete victory in a recent breach of guaranty dispute.  The team obtained summary judgment in their client’s favor on all counts resulting in a total judgment of over $4,600,000 as well as attorneys’ fees. (more…)…

Each year, the Jewish Council on Urban Affairs honors an individual with the Rabbi Robert J. Marx Social Justice Award, recognizing their commitment to JCUA’s mission of fighting racism and poverty in partnership with Chicago’s diverse communities. This year on July 20, the award will be presented to Jeff Zaluda for his lifelong dedication to pursuing social justice and a…

Stavros S. Giannoulias and John R. Wiktor filed claims on behalf of a non-profit Congregation to enforce two oral pledges made by one of its prominent and beloved members, who died suddenly before fulfilling his pledges. The Congregation filed claims in the probate proceedings in the Circuit Court of Cook County, Illinois asserting that its member made a $1 million…

Omnitracs, LLC ("Omnitracs"), a global pioneer of fleet management solutions to transportation and logistics companies, announced its acquisition of VisTracks, a leading provider of device-agnostic, SaaS-based compliance solutions to the transportation and logistics industry. HMB represented VisTracks' founder, Stephen G. Eick, in the transaction. The VisTracks architecture provides a lightweight, mobile device-based and cloud-enabled solution, which will allow Omnitracs to…

Project Management Advisors ("PMA"), a real estate and development consultancy company, announced its partnership with American Realty Project Management ("ARPM"), a full-range construction oversight and project management company. HMB represented PMA. This partnership will expand the Austin offices and broaden both PMA and ARPM client and industry sector involvement in the Austin market and neighboring area. The alliance will continue…

Hadley Capital ("Hadley"), a small-business investor, announced its acquisition of Equustock, a manufacturer of animal bedding and litter products, predominantly horse-related products sold under their Guardian Horse Bedding brand. HMB represented Hadley in the transaction. Founded in 1998 bu Scott Dickes, Hadley plans to build on the Guardian Horse Bedding brand's excellent reputation and to expand Equustock's production capacity and…

Congratulations to MOCA-Modern Cannabis for being awarded an adult-use dispensary license to operate at 216 W Ohio St in the River North neighborhood. MOCA’s original dispensary continues to operate in Logan Square at 2847 W. Fullerton as a medical and adult-use dispensary. The IDFPR final approval was granted to MOCA on April 3, following city inspection. HMB congratulates MOCA for…