The Federal Trade Commission is Set to Implement New Rule Prohibiting Noncompete Clauses May 7, 2024 The Federal Trade Commission (FTC) has implemented a new, transformative rule, set to take effect 120 days after its publication...
How a Recent Court Settlement is Reshaping the Real Estate Market April 16, 2024 A recent court settlement between the National Association of Realtors (NAR) and groups of homeowners across the U.S. has upended...
The Seventh Circuit Seeks Guidance from Delaware Supreme Court on Forfeiture-for-Competition Clauses April 16, 2024 The United States Court of Appeals for the Seventh Circuit, based in Illinois, certified two questions for the Delaware Supreme...
How to Navigate the New Illinois Freelance Worker Protection Act (FWPA) March 29, 2024 The recently enacted Illinois Freelance Worker Protection Act (FWPA) goes into effect on July 1, 2024. It requires non-governmental persons...
The Corporate Transparency Act and its Impact on Commercial Real Estate March 29, 2024 The Corporate Transparency Act (CTA) went into effect on January 1, 2024. The CTA allows government entities to combat terrorism,...
Why Proper Documentation is Critical to Prevailing in Litigation February 29, 2024 Small and midsize businesses conduct business in different ways. Too often though, businesses favor expediency over detailed record keeping. Record...
Why Proper Documentation is Vital for Nonprofit Corporate Sponsorships February 27, 2024 Corporate sponsorships and underwriting have become key strategies for many nonprofits and associations nationally. These types of non-dues revenue can...
Illinois Courts Deny Insurance Coverage for Pandemic Related Business Losses January 29, 2024 Several appellate courts in Illinois have further narrowed the path for businesses seeking insurance coverage for COVID-19 related losses. These...
Getting to Know the New Chicago Paid Leave and Paid Sick and Safe Leave Ordinance January 12, 2024 The Chicago City Council recently passed the Chicago Paid Leave and Paid Sick and Safe Leave Ordinance, effective July 1,...
Why You Should Follow Corporate Formalities as a Limited Liability Company December 15, 2023 Limited liability companies (LLCs) are becoming the “entities of choice” in small to medium size businesses owned by a limited...
