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Estate Planning - Quick Hits
November 1st, 2012
Contributor: William J. Cotter
This articles spotlights three recent developments in the estate planning arena that we think you’ll not only find of interesting, but might also make you consider whether there are some planning changes you need to consider. 1. Changing the Unchan…
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A "Green" Lease? Some Things To Consider For Multi-Tenant Commercial Buildings.
October 1st, 2012
Contributor: William M. Brennan
Everyone supports a clean environment and conservation of resources, don’t they? Well, if you ask a landlord or tenant in a multi-tenant, commercial building, the answer may likely be, “it depends.” For the past several years, there has…
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New Standards in Drafting and Enforcing Covenants Not to Compete Under Illinois Law
June 1st, 2012
Contributor: Richard J. Nogal
Our firm’s clients regularly ask for advice regarding the enforceability of covenants not to compete. Unlike most contracts, restrictive covenants are not automatically enforced by the courts since they constitute a restraint of trade. Contract…
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Your Landlord Is In Foreclosure-As A Tenant, Should You Be Worried?
July 1st, 2011
Contributor: James D. Healy
Several years ago during the bustling real estate market you found the perfect space to lease in a brand new building or shopping center. You spent time negotiating the basic terms of the lease, such as the lease term, Base Rent, CAM (and its compone…
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New Federal Estate and Gift Laws Present New Estate Planning Opportunities
February 1st, 2011
As we ring in the New Year, we also ring in new estate and gift tax laws. As many of you have heard, on December 17, 2011, President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (“201…
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Employee Credit Privacy Act
January 1st, 2011
Contributor: Donald S. Rothschild
Effective January 1, 2011, Public Act 96-1426 takes effect in Illinois. This Public Act is known as the Employee Credit Privacy Act (Act). Prohibitions The Act prohibits discrimination in employment based on an employee credit history. Specifically,…
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Data Security: Protecting Personal Information
November 1st, 2010
As more and more information is created, communicated and stored in electronic formats, data security has become an increasingly important concern for businesses and individuals. Unauthorized disclosure of personal information can cost a business dea…
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Uncertainty of Federal Estate and Gift Taxs
August 1st, 2010
As many of you are now aware from reports in the news and other sources, on January 1, 2010, there was a purported “repeal” of the federal estate tax (sometimes called the “federal death tax”). For a quick refresher, the feder…
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