Archives: News

In the last two decades, Latin music has experienced an unprecedented surge in global popularity. Genres like reggaeton, Latin trap, and bachata have transcended cultural and linguistic barriers to become mainstream sensations. Artists such as Daddy Yankee, Bad Bunny, J Balvin, and Karol G have cemented Latin music’s place in the global music landscape. Latin […]

For most companies, whether they know it or not, innovation is their lifeblood. Whether a highly technical company or a “mom and pop,” solving problems quickly and thoroughly leads to longevity. The opposite is also true. Taking too long to solve a problem can be the bane of a company’s existence and ultimately lead to […]

For something as final as a “last will and testament,” it surprises many of our clients that an estate plan can become stale years after the client signs it. But an estate plan is a living, breathing organism (much like our clients who haven’t needed to use their estate plans yet). An estate plan requires […]

American athletics earned 126 total medals, 40 of them gold, at the 2024 Paris Olympics. Closer to home, the State of Illinois won its own version of a gold medal. The Land of Lincoln can now claim, “We’re No. 1!”, however suspect the distinction might be.  According to a recent report compiled by ATTOM Data […]

On August 17, 2024, substantial new rules created by the National Association of Realtors (“NAR”) related to real estate commissions went into effect.  NAR is the largest broker association in the country.  The new rules now specifically require that before a Buyer’s broker can represent a Buyer or show them any properties, the Buyer must […]

To Our Clients and Friends,  On April 26, 2024, we notified you that the Federal Trade Commission (FTC) issued a final rule banning non-compete agreements in the United States for most American workers. It was scheduled to take effect on September 4, 2024. This impactful rule superseded all state laws on non-compete agreements. As stated in our […]

Although Governor J.B. Pritzker signed the amendment to the Illinois Equal Pay Act on August 11, 2023, Illinois Employers need to remember that new pay transparency requirements will go into effect on January 1, 2025.  Who is impacted? All public and private employers in Illinois with 15 or more employees. What is required? All covered […]

Bankruptcy lawyers and the public take note: the debt limit for small businesses and individuals wanting to reorganize under two of the more forgiving bankruptcy chapters got smaller. As of June 21, 2024, the limit for “small business debtors” under subchapter V of the Bankruptcy Code dropped from $7.5 million to slightly over $3 million. […]

Several amendments to the Delaware General Corporation Law (DGCL) related to corporate governance, stockholder rights, and merger agreements went into effect on August 1, 2024. The amendments will apply proactively as well as retroactively to agreements a corporation has entered into prior to the effective date, but will not apply to any completed or pending […]