Kenneth W. Clingen
P: (630) 871-2608
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Mr. Clingen is the managing partner of the firm and chairs the firm’s business counseling department. He is general counsel to a number of privately owned businesses across a variety of industries. Mr. Clingen also represents high net worth individuals and family offices. He communicates on a day to day basis with the key decision makers at his clients. Mr. Clingen assists them in starting new business ventures, operating their ongoing business enterprises and preparing business succession plans for business owners. He uses his accounting and finance background to properly balance business and legal considerations in his client representations.
Structure and negotiate the purchase and sale of over fifty privately-owned companies.
Design and draft shareholder agreements, buy-sell agreements for corporations and operating agreements for limited liability companies.
Design equity incentive plans for companies, including option, restricted stock and phantom stock plans.
Implement wealth transfer strategies using GRAT’s sales to grantor trusts and family limited partnerships to reduce business owner exposure to estate taxes.
Assist in resolving significant shareholder disputes involving companies in a variety of industries.
National Business Institute
- Tax Issues in Entity Selection and Formation
- Advanced LLC Issues
- Tax Issues in Illinois Mergers and Acquisitions
Midwest Business Bankers and Intermediaries Tax Issues in Structuring the Sale of a Business
In April 2013, Ken was named by West Suburban Living as a "Top Attorney in the Western Suburbs" in Closely and Privately Held Business Law.
Director, Batavia Youth Baseball
When Ken is not helping his clients, he enjoys spending time with his wife, Susan, and children Kelly and Conor. He is an avid sports fan and blindly loyal follower of Notre Dame football and White Sox baseball. He is a longstanding member (with diminishing talent) of the Geneva Clowns, an adult recreational ice hockey team of local renown.
Juris Doctor, Notre Dame Law School
South Bend, Indiana
Bachelor of Business Administration, University of Notre Dame
South Bend, Indiana
Certified Public Accountant 1982
Admission to Practice
Illinois State Bar
Federal Bar of the Northern District of Illinois United States Tax Court
ABA Sections of Taxation, Business Law and Law Practice Management of the American Bar Association
DuPage County Bar Association