Managing Principal, Eckhart Kolak
Ray counsels middle market business owners and their companies on their legal affairs. This might include starting a business, bringing in a partner, leasing or buying a factory, structuring a transaction to reduce federal income taxes, designing an executive incentive program, preparing product distribution agreements, or drafting a buy/sell agreement.
He has special expertise with purchases, sales, and mergers of businesses, and financing with debt and equity. Ray has been involved in many sales or purchases of businesses over his more than 35 years of practice, and has experience with tax planning, due diligence, agreement negotiations, and closings for those transactions.
Ray also advises real estate investors on real estate transactions, including purchases, sales, leases, financing, construction, zoning, real estate taxes, and ownership planning.
He advises business owners and private wealth clients on estate planning and estate administration, with emphasis on estate and gift tax planning and audits.
Ray was Chair of the 400-member Corporation and Business Law Committee of the Chicago Bar Association, and Chair of its Mergers and Acquisitions Subcommittee. He was President and a member of the Board of Directors of the 300-member Midwest Business Brokers and Intermediaries Association. Ray is a member of the American, Illinois State, and Chicago Bar Associations. He is also a member of the Business Law section (ABA , ISBA, CBA), Federal Taxation section (ISBA, CBA), Real Estate section (ABA, ISBA, CBA), and Estate Planning section (ABA , ISBA) of the bar associations. Ray belongs to the Union League Club of Chicago.