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November 19, 2019 News IP AlertsIntellectual Property
But the United States Patent and Trademark Office (“USPTO”) didn’t quite keep up. The USPTO would routinely reject any trademark it considered scandalous, disparaging, immoral or offensive.
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November 19, 2019 News
Golan Christie Taglia is built on a foundation of professional excellence and outstanding service. Each member of our team is committed to excellence and dedicated to achieving success for our clients. It is always gratifying when one of our own is recognized as exceptional, and we are pleased to share some recent accolades. Earlier this year, Leading Lawyers named 24 Golan Christie Taglia attorneys as Leading and Emerging Lawyers in Illinois for 2019, three of which (in bold) are new additions to the lists.
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November 19, 2019 News
DAVID M. SALTIEL was named Best Lawyers’ 2020 Lawyer of the Year in the practice area of Entertainment Law—Motion Pictures and Television in Chicago. This is the third time that David has been recognized as Lawyer of the Year.
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November 19, 2019 News
Our commitment to service extends into our communities, as well. GCT attorneys serve on a wide range of charitable organization boards and volunteer time and resources to many worthy causes. During KATHERINE M. OSWALD’s term as a Chicago Bar Association (CBA) Young Lawyers Section (YLS) executive board member, the CBA YLS received Awards of Achievement from the American Bar Association in six categories.
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November 19, 2019 Newsletters
- New Illinois Law Significantly Changes Sexual Harassment Rules And Employer Responsibilities
- What You Need To Know About Chicago’s Fair Workweek Ordinance And Illinois’ Artificial Intelligence Video Interview Act
- How Standards Of Morality May Affect Your Trademark Decisions
- GCT Attorneys Recognized For Commitment To Professional Excellence As The GCT Family Continues To Grow
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October 17, 2019 EventsGolan Christie Taglia, 70 West Madison Street, Suite 1500, Chicago, Il 60602Intellectual Property
Please join Golan Christie Taglia Partner Beverly A. Berneman for an informative Lunch & Learn to demystify common intellectual property myths that could put you and your business at risk.
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September 19, 2019 EventsGolan Christie Taglia 70 West Madison Street Suite 1500 Chicago, Il 60602Employment Law
EEO-1 reports must be filed by September 30, 2019. This year, there is a significant change in the employer’s responsibility. The EEOC is requesting information about employees’ pay and hours worked, broken down by race, sex and ethnicity, from 2018 and 2017 payrolls.
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September 10, 2019 NewsProperty Tax Assessment
As a result of the unprecedented assessment increases to commercial and industrial property values in Cook County, how will lenders deal with the resulting impact on their borrowers' tax liabilities?
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September 10, 2019 Property Tax Insights
As a result of the unprecedented assessment increases to commercial and industrial property values in Cook County, how will lenders deal with the resulting impact on their borrowers' tax liabilities? How will they respond to borrowers who claim they cannot meet their lender's call for substantial upward adjustments in their tax escrows? With regard to income producing properties, what happens when loan to value ratios change due to the decline in market values resulting from the affect of additional property tax expenses on the borrower's NOI. A $50,000 increase in property tax expenses, capped at 7%, could diminish the market value of a property by more than $700,000. It's not always that simple, but a decline in market value is the logical consequence of a higher tax bill for both owner/occupants and landlords. And that leads to an additional line of inquiry as to how tenants, and prospective tenants, will respond to a significant increase in their overall rent coming from these potential increases in their property tax liabilities? Will it, or has it already, caused a slow down in both leasing and sales activity? Will prospective tenants, as well as prospective purchasers and lenders, be taking a more cautious approach to making their final decisions going forward? How will lenders ultimately respond to their increased risk as existing loan to value ratios begin to fluctuate? The typical response would be for them to adjust interest rates upward where possible, to account for the sudden increase in risk, and to work to get their loan to value ratios back in synch. How they choose to accomplish this could have significant consequences for the real estate market.
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September 8, 2019 EventsScotiabank Convention Centre, 6815 Stanley Ave, Niagara Falls, CanadaProperty Tax Assessment
Please join Golan Christie Taglia attorney James W. Chipman for his presentation at the 85th Annual International Conference on Assessment Administration to be held in Niagara Falls, Ontario on Tuesday, September 10, 2019 at 10:45 a.m.
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September 4, 2019 NewsProperty Tax Assessment
New Trier Township is located in Cook County, IL. The entire township was subject to a reassessment in 2019. The Assessor opened the township for appeals on April 29 2019. The Assessor then certified the final assessments for all real estate in the township on August 15, 2019, meaning that he had completed his work for the year and closed his books.
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September 4, 2019 Property Tax Insights
New Trier Township is located in Cook County, IL. The entire township was subject to a reassessment in 2019. The Assessor opened the township for appeals on April 29 2019. The Assessor then certified the final assessments for all real estate in the township on August 15, 2019, meaning that he had completed his work for the year and closed his books.
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August 22, 2019 NewsProperty Tax Assessment
The Assessor proposed a 2019 market value of approximately $1,744,000 for a property. The party purchased the property for approximately $1,150,000 at the end of 2018 in an arm's length, brokered transaction. The evidence tendered in support of the appeal included the following documents:
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August 22, 2019 Property Tax Insights
The Assessor proposed a 2019 market value of approximately $1,744,000 for a property. The party purchased the property for approximately $1,150,000 at the end of 2018 in an arm's length, brokered transaction. The evidence tendered in support of the appeal included the following documents:
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July 25, 2019 EventsWebinar 12:00pm - 1:00pm CST Followed by Q&A
Ways employers can maintain a compliant 401(k) plan and be proactively prepared to defend their practices.
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July 8, 2019 NewsProperty Tax Assessment
The Cook County Assessor continues his relentless vendetta against business properties in north suburban Cook County. Unprecedented assessment increases upward of 200-300% are being mailed to unsuspecting taxpayers.
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July 8, 2019 Property Tax Insights
The Cook County Assessor continues his relentless vendetta against business properties in north suburban Cook County. Unprecedented assessment increases upward of 200-300% are being mailed to unsuspecting taxpayers. Every property is being treated as institutional grade investment property, from mom and pop storefronts to small apartment buildings. The assumption that all properties are being leased on a triple net basis allows the Assessor to eliminate property taxes as an expense, which results in higher net incomes and allows the use of much lower capitalization rates. These low rates only allow for a return of the investment necessary to cover debt service, not a return on the investment which allows a return on owner equity. This practice is being used to greatly increase the market value of virtually every commercial and industrial property in the north and northwest suburbs. While claiming complete transparency, Freedom of Information Requests filed on behalf of taxpayers by their attorneys to determine the reason for a denial of relief, are taking upwards of 6 weeks to process, while the law requires a response in not more than 10-days. When responses do become available, a review indicates how the Assessor is manipulating data to ensure that virtually every appeal will be denied. The good news is that the Board of Review has opened a month early, in anticipation of a huge increase in the volume of appeals due to the Assessor's refusal to grant relief, even on the most meritorious cases. The Board has also disclosed that it will continue to review cases as it always has, and will grant relief on the merits of each case, without a pre-determined policy intended to find any means to deny relief to property taxpayers who could see their tax bills skyrocket due the Assessor's failure to act in a fair and equitable manner.
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July 2, 2019 News PRESS
Chicago, IL - Golan Christie Taglia, LLP filed a complaint today in the Circuit Court of Cook County, Illinois alleging breach of contract on behalf of Teepu Siddique, MD, faculty member of Northwestern University Feinberg School of Medicine.
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June 24, 2019 Newsletters
- New Federal Tax Laws Amend Deductibility Of Government Fines
- New EEO-1 Reporting Requirements And Salary History Ban
- What You Should Know About Amazon’s Brand Registry
- GCT Attorneys Recognized And Honored
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June 19, 2019 EventsCliff Dwellers Club, 200 South Michigan Avenue, Floor 22, Chicago, IL 60604Commercial & Business Litigation, Employment Law, Intellectual Property
Please join Golan Christie Taglia attorney, Barbara L Yong, at the SBAC Lawyers’ Community Educational Forum for Business Owners for her presentation regarding asset protection planning for business owners.
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May 3, 2019 NewsProperty Tax Assessment
Has the value of your business property actually increased by 82% in just 3-years?
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May 3, 2019 Property Tax Insights
Has the value of your business property actually increased by 82% in just 3-years?
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April 24, 2019 NewsProperty Tax Assessment
In the first three townships having a significant commercial and/or industrial tax base, (Norwood Park, Evanston and Elk Grove, the new assessor has been increasing market values by as much 50 to 300%. He claims that properties in the northern suburbs have been grossly underassessed for years, hence a 1-year catch-up was justified.
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April 24, 2019 Property Tax Insights
In the first three townships having a significant commercial and/or industrial tax base, (Norwood Park, Evanston and Elk Grove, the new assessor has been increasing market values by as much 50 to 300%. He claims that properties in the northern suburbs have been grossly underassessed for years, hence a 1-year catch-up was justified. Of course, no consideration was given to the jobs that will be lost as tenants and companies relocate, nor to the investors who will no longer invest in Cook County, nor to the companies that will no longer consider locating in Cook County, nor to the existing companies that will jettison their expansion plans. The same is true for owners of residential income properties that have also experienced significant increases. Who will be able to afford the higher rents that landlords will try to pass on to them? As to the homeowners, many of whom saw only minor increases, what will become of their property values if local jobs disappear and they cannot sell their houses? To date, the assessor has stubbornly refused to grant relief on a vast majority of commercial and industrial appeals, as his property valuations are apparently perfect.
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April 17, 2019 NewsTHE NEVER ENDING BATTLE BETWEEN QUALIFYING FACTORS FOR RECEIVING A CHARITABLE PROPERTY TAX EXEMPTIONProperty Tax Assessment
In the never ending battle between the qualifying factors for receiving a charitable property tax exemption as first enunciated in the Korzen case, Methodist Old Peoples Home v. Bernard Korzen, County Treasurer, et al, 233 N.E, 2d, 537, 39 Ill.2d 149 (1968), the Illinois Supreme Court initially set forth the following criteria for successfully obtaining a property tax exemption.
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