“For the times they are a-changing’.” Illinois Supreme Court rules that the Implied Warranty of Habitability does not apply to subcontractors.

“For the times they are a-changing’.” Illinois Supreme Court rules that the Implied Warranty of Habitability does not apply to subcontractors.

April 5, 2019

For over 30 years, since Minton v. Richards Group of Chicago, 116 Ill.App.3d 852 (1st Dist. 1983), subcontractors in Illinois...
LIBOR Rate Phase-out — What’s Next?

LIBOR Rate Phase-out — What’s Next?

March 6, 2019

Sometime in 2021, the most important benchmark for setting interest rates on commercial (and many variable rate residential) loans will...
“If You Give a Mouse a Cookie …” : Informational Rights of Minority Shareholders of Close Corporations and LLC Members in Illinois

“If You Give a Mouse a Cookie …” : Informational Rights of Minority Shareholders of Close Corporations and LLC Members in Illinois

February 20, 2019

Nearly all shareholder and membership disputes begin with a minority shareholder or member suspecting mismanagement by the majority shareholders or...
Predictive Scheduling Legislation: What You Need To Know To Avoid Costly Surprises

Predictive Scheduling Legislation: What You Need To Know To Avoid Costly Surprises

February 13, 2019

In approximately a dozen states and a number of smaller municipalities across the U.S., including Illinois and Chicago, initiatives have...
How do you discipline an Employee who has made a Protected Complaint and Minimize Your Risk of a Retaliation Lawsuit?

How do you discipline an Employee who has made a Protected Complaint and Minimize Your Risk of a Retaliation Lawsuit?

February 4, 2019

With the continued increase in employee based lawsuits (the Equal Employment Opportunity Commission filed 50% more sexual harassment lawsuits in...
Employer Loses at Appellate Court because its EEOC Position Statement and Summary Judgment were Inconsistent

Employer Loses at Appellate Court because its EEOC Position Statement and Summary Judgment were Inconsistent

January 28, 2019

In November a Federal Appellate Court reversed a lower court’s decision granting summary judgment in favor of the employer in...
Biometric Information Privacy Act Update

Biometric Information Privacy Act Update

January 28, 2019

In an attempt to increase productivity and efficiency, businesses are increasingly using biometric data to identify employees, customers and other...
What is a Material Adverse Effect?

What is a Material Adverse Effect?

January 28, 2019

Review the default provisions of virtually any acquisition agreement and you will find a reference to the following (as an...
The Bottom Line on the Impact of Minimum Wage Hikes on the Restaurant Industry

The Bottom Line on the Impact of Minimum Wage Hikes on the Restaurant Industry

October 31, 2018

Minimum wages are rising across the country, with well over a dozen states, plus many cities increasing minimum wages over...
Taxpayer Attempts To Claim A Unilateral Settlement With IRS

Taxpayer Attempts To Claim A Unilateral Settlement With IRS

October 29, 2018

In his letter enclosing his $1,396 check, taxpayer asserted unilaterally that “we are now concluded on this tax return issue”...