Understanding the Amended Chicago Residential Landlord and Tenant Ordinance (RLTO) March 18, 2025 Most landlords in Chicago are required to comply with the Chicago Residential Landlord and Tenant Ordinance (RLTO). Violations of certain strict...
Federal Corporate Transparency Act Reporting is Now Required February 28, 2025 The Corporate Transparency Act requires that businesses and closely held entities must file a report with the U.S. Department of...
Are Your Electronic Passwords Tangible Property That Can Be Converted? January 29, 2025 Illinois law defines conversion as the intentional exercise of dominion or control over property which so seriously interferes with the...
When Nonprofit Boards Fail: The Domino Effect of Neglected Duties December 9, 2024 The following scenario happens far too often. A renowned non-profit, celebrated for its impactful work, faces a sudden downfall. Donors...
The Federal Corporate Transparency Act Deadline is December 31, 2024 December 5, 2024 On January 1, 2024, the Federal Corporate Transparency Act (CTA) went into effect and U.S. Department of the Treasury Financial...
Texas Court Blocks Department of Labor’s Overtime Rule December 2, 2024 On November 15, 2024, a federal judge in Texas struck down the U.S. Department of Labor’s (DOL) rule that raised...
The Perils of “Keeping Up with the Joneses”: When Association Pricing Crosses the Antitrust Line October 21, 2024 Imagine an association establishing its dues based solely on what their “competitor” association charges. However, this practice can lead to...
Key Updates to the Federal Corporate Transparency Act August 15, 2024 On January 1, 2024, the Federal Corporate Transparency Act (CTA) went into effect. This law affects mostly small businesses by...
Overly Detailed Board of Directors Minutes: A Legal Liability? July 25, 2024 Here’s a hypothetical scenario for you. The board of directors of a well-respected nonprofit organization was sued by a disgruntled...
Bylaws: A Governance Document; Not Your Operations Manual June 25, 2024 Bylaws serve as an organization's governing roadmap, outlining the rules and procedures that guide operations and strategic focus. Well-crafted bylaws...
