The Great Resignation – Employers Beware March 8, 2022 The job market continues to be volatile, and businesses are willing to take more risks to hire proven talent. That...
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...
New Rules Regarding Retirement Benefits — More Secure? December 31, 2019 The Setting Every Community Up for Retirement Enhancement Act (SECURE Act) is now effective. The Act made various changes to rules...
Don’t Let A Creditor Make It Personal November 20, 2019 As the owner of a corporation, when you set up your business, you and your lawyer believed that you had...
“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...
Purchaser Collection of Pre-Closing Rent Deficiency June 25, 2018 In the purchase and sale of real property which is leased to tenants, sellers and purchasers must pay particular attention...
Reminder to Chicago Landlords: Tenants Must be Notified of a Pending Foreclosure Action July 17, 2017 Under the City of Chicago Residential Landlord Tenant Ordinance (“RLTO”), owners and landlords of residential property located in the City...
