- 3 - beginning in August 1994. Petitioner hired a corporate service company to prepare and file the incorporation documents on behalf of petitioner and Mr. Maker. The articles of incorporation of BERM were filed with the Illinois secretary of state on July 21, 1994, along with an application to adopt an assumed corporate name, D.K.’s Steak & Seafood House, on July 29, 1994. BERM also filed an application for an employer identification number (EIN) with respondent. The Illinois Department of Revenue issued a certificate registering BERM under the Illinois Use Tax Act, Service Occupation Tax Act, and Service Use Tax Act. Petitioner negotiated BERM’s lease with F.M. (Pat) Sullivan and Dorothy Jane Sullivan, as Trustee of the Dorothy Sullivan Trust, dated December 20, 1990, to operate the restaurant, cocktail bar and lounge, and banquet facilities at the Holiday Inn. BERM purchased commercial general liability insurance, excess liability insurance, and liquor liability insurance for the period from August 1, 1994, until August 1, 1995; however, the insurance agreements were canceled at the end of April 1995. Initially, petitioner participated minimally in the daily operations of D.K.’s Steak & Seafood House. Petitioner considered himself the investor or “financial supporter” and Mr. Maker the “operating expert”, handling the day-to-day operation of the restaurant. Petitioner was also in charge of securingPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Next
Last modified: May 25, 2011