Most readers will remember the saga of Broadway Bank and its demise in early 2010 under the hand of the Giannoulias family. The public airing of the bank’s dirty laundry not only sank Alexi Giannoulias’ U.S. Senate bid that November, but inevitably spawned litigation that continues today in Chicago federal court.
On July 9, 2013, Illinois became the final state in the nation to allow residents to carry concealed weapons. The Illinois State Police intends to begin accepting applications for concealed carry licenses on January 5, 2014 and licenses will be issued thereafter. For employers concerned about the potential risk for increased violence in the workplace due to employees and others carrying concealed weapons, there are a few basic steps that they should consider taking.
It was Napoleon, after retreating from Moscow in 1812, who famously remarked, “There is only one step from the sublime to the ridiculous.” In a compelling federal appellate opinion issued slightly more than 200 years later, the court found nothing remotely sublime about State Farm and its counsel labeling their opponent’s argument “ridiculous.”
I. Statutory AnalysisA. Income Exclusion For Benefits. Gross income does not include amounts received through accident or...
I. PURPOSES OF STOCK RESTRICTION AGREEMENTS (A/K/A BUY/SELL AGREEMENTS)
After signing a new contract with a principal, most reps will properly focus on generating sales within the newly assigned territory. Even in this era of corporations getting gobbled up or “restructured” on a regular basis, little thought is given to what happens if the principal gets bought out. Yet several important questions are usually presented.
Individuals suing companies, especially those raising personal-injury or employment claims, must recognize that their social media postings are increasingly subject to exploration in discovery. A plaintiff claiming debilitating back injuries, for example, would do well to avoid posting post-accident photos of herself on horseback.
Kurtis Jewell and more than 1,700 of his current and former co-workers at Aaron’s Inc. claim their jobs were so pressure-packed they could not take lunch breaks, in violation of the Fair Labor Standards Act, 29 U.S.C. Sections 201-219.
Ordinarily, when partnerships or employment relationships end abruptly, and a partner or employee leaves disgruntled, no weapon is more important than a well-drafted, up-to-date non-compete agreement. But consider the case of Ronnie Chalmers, father of standout Miami Heat point guard Mario Chalmers.
Cable television packages or “tiers” have long drawn the ire of sports leagues. Tiers carry specific types of programming (e.g., science fiction, business news, or out of market sports), and are available to subscribers for an additional charge over basic programming.