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...
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...
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...
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...
What You Need to Know About the Federal Corporate Transparency Act October 16, 2023 The Federal Corporate Transparency Act (CTA), enacted by Congress as a component of the Anti-Money Laundering Act of 2020, goes...
New York is on the Verge of Banning Non-Compete Agreements July 19, 2023 Following a recent trend among state legislatures and the Federal Trade Commission (FTC), the State of New York is poised...
Illinois Courts Deny Insurance Coverage for Pandemic Related Business Losses August 8, 2022 Several recent decisions in Illinois have further narrowed the path for businesses seeking insurance coverage for COVID-19 related losses. The...
Beginning July 1, 2022 – New Sexual Harassment Obligations for Chicago Employers June 3, 2022 On April 27, 2022, Chicago’s City Council approved important amendments to Chicago’s sexual harassment laws. These changes impose additional requirements...
