Restrictions on Limiting Fiduciary Duties Owed Under the Illinois Limited Liability Act October 28, 2021 Changes to the Illinois Limited Liability Company Act (the “LLC Act”) become effective January 1, 2022. The upcoming changes to...
A Properly Drafted Non-Reliance Clause Can Bar Fraud Claims October 28, 2021 A well-drafted non-reliance clause will bar a later-asserted claim for common law fraudulent misrepresentation or fraudulent inducement. A non-reliance clause should...
Trademark Registration: An Invaluable Tool to Protect Your Intellectual Property October 28, 2021 Trademarks are symbols used in commerce to identify the source of particular goods or services. Registration gives benefits above and...
Developments in the Law-Employee Handbooks and Separation Agreements October 27, 2021 Along with the election of a new President in 2020 came the appointment of a new National Labor Relations Board...
How the Trademark Modernization Act Will Affect Everyone October 21, 2021 As part of an appropriations bill in 2020, Congress passed the Trademark Modernization Act (“TMA”). Parts of it took effect...
Riparian Rights – Who Owns the Water? October 13, 2021 Assume you own a parcel of land that abuts a pond or river. Do you also have rights to the...
Buyers of New Construction Beware: The Breach of Implied Warranty of Habitability in Illinois Further Erodes October 6, 2021 Historically, the purchaser of a newly constructed home took the property at his or her own risk if they failed...
Are you Planning to Sell your Business? September 24, 2021 You, the business owners, have just signed a “Letter of Intent” to sell your business for $10,000,000, “subject to buyer’s...
Illinois Legislation Narrowing Restrictive Covenants Takes Effect January 1, 2022 September 9, 2021 Levin Ginsburg previously updated our clients on the proposed changes to Illinois non-compete and non-solicitation law (See March 30, 2021...
Advantages of Arbitration Agreements in Commercial Transactions July 29, 2021 Oftentimes, private arbitration is the preferred method of resolving commercial disputes, including disputes with employees and customers. Because arbitration is...
