Ted McGinn is Managing Partner and shareholder at Lavelle Law, specializing in business formations, capital structuring, mergers & acquisitions, and other corporate transactions. He also advises on employment and labor law matters, intellectual property, and bankruptcy/debtor relief matters. He is a past Chair of the Schaumburg Business Association, serves on the Schaumburg Business Development Commission, and currently sits on the Harper College Legal Studies Advisory Committee and the Board of Directors of Gerry’s Café. Mr. McGinn earned his B.B.A. from the University of Iowa and his J.D. from Loyola University School of Law in Chicago.
Lavelle Law Presents an "Entrepreneurial Boot Camp"
Lavelle Law • April 3, 2026
A Lavelle Law Breakfast Briefs
Lavelle Law Presents an "Entrepreneurial Boot Camp"
A Lavelle Law Breakfast Briefs
May 13, 2026
7:45 AM – 9:00 AM
1933 N. Meacham Rd., Suite 127
Schaumburg, Il 60173
This session provides a practical overview of key legal and structural considerations for starting and growing a business. Topics include selecting the appropriate business entity (such as corporations, LLCs, partnerships, or sole proprietorships), understanding capital structure decisions (including debt vs. equity and equity incentives like sweat equity or profit interests), and navigating essential contract terms like attorney fee provisions, warranties, indemnification, and guarantees. The presentation also covers the importance of well-drafted operating and shareholder agreements in defining roles, rights, and responsibilities. The session will conclude with an open Q&A to address specific attendee questions.
Join Lavelle Law attorneys Ted McGinn and Frank Portera on May 13, and learn key legal tips for entrepreneurs. Doors will open at 7:45 for a complimentary continental breakfast, and the presentation will begin at 8:00. This is a free seminar, but registration via Eventbrite is required.
Meet the Panel
Frank Portera manages the Corporate Compliance Practice Group at Lavelle Law and focuses his practice on new business formations, drafting shareholder/operating agreements, and mergers and acquisitions. Through his general business law practice, Frank works closely with many business owners to assist them in applying for and maintaining trademarks and negotiating commercial lease agreements. Mr. Portera serves as Vice Chair on the Board of Directors for the Arlington Heights Chamber of Commerce and is a member of the Arlington Heights Zoning Board of Appeals. Frank received both his B.A. and J.D. from Marquette University in Milwaukee, Wisconsin.
More News & Resources
Lavelle Law News and Events
High-profile couples like Taylor Swift and Travis Kelce are taking strict steps to protect their privacy. Reports confirm that wedding guests must sign non-disclosure agreements (NDAs) before receiving event details. This highlights how NDAs help individuals and businesses safeguard sensitive information.
For many businesses, the commercial lease is the largest single expense each year. But are you actually getting the best deal, or are you unknowingly paying for hidden costs? In this Lavelle Law Minute, Attorney Ted McGinn breaks down the two most common commercial leases: Gross Leases and Net Leases.
Cubs Hall of Famer Ryne Sandberg, affectionately known as “Ryno,” is forever remembered for his legendary “Sandberg Game.” Sadly, his death last July has since triggered a bitter family dispute, with his children now suing his widow, Margaret Sandberg, over alleged violations of his trust.
This transaction highlights Lavelle Law’s deep expertise in managing complex commercial real estate deals in Chicago’s dynamic market, delivering efficient, client-focused outcomes even under accelerated timelines.
The U.S. Supreme Court issued a unanimous ruling on June 4, 2026, in Sripetch v. Sec. & Exch. Comm’n, clarifying a significant question in securities enforcement. The Securities and Exchange Commission (SEC) does not need to identify victims who suffered actual financial harm to pursue disgorgement of ill-gotten gains.
On June 4, 2026, the Internal Revenue Service announced a series of hiring events to take place across the country through the end of July 2026. The events are aimed at recruiting individuals for key seasonal roles, including customer service representatives and tax examining technicians.
Before you print a single petition or launch a campaign website, the first and most important question is this: Am I eligible to run for this office? In Illinois, failing to meet the basic eligibility requirements can disqualify a candidate before the race even begins. Understand the rules upfront.
This Lavelle Law Breakfast Briefs seminar highlighted actionable insights to protect and position your business for success, including: business entity selection; capital structure; key contract terms; and shareholder and operating agreements.
As a result of our efforts, the court reduced our client’s child support arrearage by half because of the mother’s intentional and prolonged refusal to provide her share of transportation costs. The court also ordered the mother to pay a substantial portion of the father’s attorney’s fees.
Anyone going through a divorce in Illinois is required to complete a financial affidavit as part of the legal process. Each spouse completes their own financial affidavit, utilizing all financial records and information available to them. Follow this step-by-step guide to streamline the process and avoid costly errors.
