GCT’s Employment Group examines the legal implications of vaccination mandates for employees in an all-new article.

Golan Christie Taglia is proud to announce the inclusion of nine of its attorneys to the 2021 Illinois Super Lawyers and Rising Stars lists.

On December 27, 2020, two significant changes were signed into law. These changes are intended to create cost efficient flexibility in both copyright enforcement and trademark portfolio development.

The Small Business Administration (SBA) issued guidance on "second draw" PPP loans on January 6, 2021. The SBA has also issued a one-page application form for "second draw" PPP loans. This material provides clarification of the rules set out in the initial GCT Alert on this topic.

Our Bankruptcy and Reorganization Practice Group has been a trusted advisor to small businesses for decades. In these unprecedented times, we are also using the new Small Business Reorganization Act to help businesses see the light at the end of the tunnel.

The Coronavirus Response and Relief Supplemental Appropriations Act of 2021 (the “Act”), signed into law by President Trump on December 27, 2020, provides $284 billion for a second round of Paycheck Protection Program (PPP) loans. GCT is committed to providing the most timely guidance on PPP and other issues facing small businesses.

Golan Christie Taglia's Property Tax Group has recently attained several successes in having clients' real estate tax assessments significantly reduced based on COVID-related business losses incurred by the owner.

Beginning January 2, 2021, the United States Patent and Trademark Office is going to increase fees for certain types of filings.

Golan Christie Taglia LLP announces it selected legal technology company DISCO as its ediscovery partner.

Insolvency is defined as either having more debts than assets based on a balance sheet test or being unable to pay your debts as they come due. 

In a year marked by a global pandemic, social strife and ongoing political uncertainty, business executives and leaders need to stay focused on what matters most.

The CARES Act provides a number of optional coronavirus-related relief provisions that employers may choose to incorporate into their 401(k) and other retirement plans.

Disruptions are getting in the way of business as usual. Many businesses are using this time to be creative and find new ways to reach their markets. In other words, they are undergoing Innovation Transformation. Join us for this informative Webinar where we’ll explore the Innovation Transformation of different types of businesses and how GCT helps implement and protect creative solutions.

The Department of Homeland Security (“DHS”) announced temporary flexibility for Employment Eligibility Verification (Form I-9) requirements during the COVID-19 pandemic.

An alternative provision under the CARES Act provides tax relief for employers that have been financially impacted by the COVID-19 pandemic. A tax credit, the Employee Retention Credit (ERC), of 50 percent of up to $10,000 per employee in wages paid and related health plan expenses is available to "eligible employers."

At least two pending federal cases deal with attacks on individual 401(k) plan accounts. The fact patterns are similar: a participant submits an electronic benefit withdrawal request to the employer or the plan's record keeper. The request is passed on to the plan's custodian for implementation.

COVID-19 relief provisions that allow 401(k) and 403(b) plan sponsors to reduce or suspend safe harbor contributions expire soon. Plans must be amended by August 31, 2020 in accordance with the relief guidelines provided by IRS Notice 2020-52.

We are pleased to introduce Maritess T. Bott as the newest member of the GCT team. She will be joining us as Of Counsel in the Estate Planning Practice Group.

Please join us as we congratulate attorneys Brianna L. Golan and Jonathan D. Morton, our partner promotions effective as of August 1, 2020.

To ensure confidentiality, questions can be submitted in advance and participants’ names will not be displayed.

In the summer issue of NAPA Net the Magazine, GCT’s Andrew Williams weighs in on the use of participant data for provider marketing. The article explores the risks to plan fiduciaries of investment advisors that use personal information of participants to market non-plan products, such as life insurance.

GCT has compiled seven questions we encourage you to consider as you assess your business’ recovery readiness as a part of our “GCT 360” approach.

Former participants in a 401(k) profit sharing plan recently filed suit in Federal court in New Jersey seeking recovery of investment losses allocated to their accounts by the employer-sponsor. This mid-year valuation reduced the account balances available for distribution to the former participants.

As we reported in our previous alert announcing Chicago’s new predictive scheduling measure, Chicago’s Fair Workweek Ordinance went into effect on July 1, 2020.