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
Thinking of selling your business ahead of retirement? Business owners should begin preparing when they enter the “red zone” before retirement - not wait until they’re ready to retire. Kerry Lavelle explains this and more in the Lavelle Law Minute video, "Options and Tips for Selling Your Business."
Court Denies Petition to Remove Executor - Major Probate Litigation Defense Victory - A Lavelle Law Success Story.
On August 20, 2026, the Internal Revenue Service announced a digitally authenticated Tax Compliance Report available through IRS Individual Online Accounts.
Taxpayers can securely obtain and download the report when applying for a job, a loan, a government benefit, or another service that requires tax compliance info.
FinCEN update: Condo, HOAs, and other common interest community associations no longer have to file BOI reports with FinCEN. Volunteer board members are no longer required to report their personal information to the federal government simply because they sit on an association’s board of directors.
Discover the latest tax law updates and planning opportunities that can help you reduce taxes, protect wealth, and prepare for the future.
On August 5, 2026, the Internal Revenue Service issued Notice 2026-28 providing guidance on the employer credit for paid family and medical leave (“PFML”) under the Working Families Tax Cuts (“WFTC”). The WFTC makes permanent and expands eligibility and coverage for employers offering PFML benefits to employees.
Many litigators are familiar with Federal Rule of Civil Procedure 68, but few fully appreciate its strategic value in the defense arsenal. Rule 68 can be a powerful tool for influencing settlement negotiations, and in some cases, limiting a plaintiff’s ability to recover post-offer attorneys’ fees.
A client came to us needing protection from an ex-boyfriend who wouldn’t take no for an answer. She broke up with him after he used her indoor pet camera to spy on her without her permission, then surveilled her at her home and chased her through a parking lot.
Thinking about selling your business? In this video, Lavelle Law attorney Frank Portera explains how a Type F Reorganization can create tax efficiencies and simplify the sale process by reducing the need for third-party consents.
Thinking about using AI to represent yourself in litigation? Think again. It is well-documented that pro se litigants are less likely to prevail compared to their represented counterparts. Regardless, AI has provided people with a false sense of security, tempting them to represent themselves regardless.
