LIBOR Rate Phase-out — What’s Next?March 6, 2019Sometime 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 IllinoisFebruary 20, 2019Nearly 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 SurprisesFebruary 13, 2019In 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?February 4, 2019With 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 InconsistentJanuary 28, 2019In November a Federal Appellate Court reversed a lower court’s decision granting summary judgment in favor of the employer in...
Biometric Information Privacy Act UpdateJanuary 28, 2019In 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?January 28, 2019Review 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 IndustryOctober 31, 2018Minimum 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 IRSOctober 29, 2018In his letter enclosing his $1,396 check, taxpayer asserted unilaterally that “we are now concluded on this tax return issue”...
Legal Tech Corner: Developing Laws to Fit the Internet of ThingsOctober 19, 2018In typical California fashion, the state is leading the charge toward developing law that would regulate the Internet of Things...