Resources
Stay in the know of company and industry updates, accomplishments and more!
An Agreement Not to Agree?
Does an Employer’s Written Disclaimer Automatically Bar an Employee’s Illinois Wage Act Claim? The Seventh Circuit says “no.”
Probate, explained
When a loved one dies it can be difficult to know how to access their assets, manage their mortgage and other debts, and wind up their affairs. With limited exceptions, the only way to access assets owned by a person in their individual name is through probate, even if they have a valid will.
Locking Up a Sales Rep in Perpetuity? A Presumptively Bad Idea
Many otherwise sound rep contracts are subject to termination for any reason or for no reason. Even if the parties agree to an initial contract term of three or more years to give the relationship time to develop and to enable the rep to create demand for the manufacturer’s products, most reps understand that if their three-year agreement allows termination on 30 days’ notice, they don’t really have a three-year contract. Instead, they’re working on a 30-day contract.
Chicago’s Commercial Leasing Market: Adapting to the Current Market Landscape / Revisions to Model National Venture Capital Association Documents and Amendments to Delaware Corporate Law (Fall 2024)
Litigation or Arbitration: Which is Better? You Be the Judge!
Each of these dispute resolution avenues includes certain advantages and disadvantages of which you need to be aware.
Reevaluating Insured Buy Sell Agreements
Question: My company maintains a buy sell agreement funded by insurance. What must I do in light of the recent U.S. Supreme Court decision?
Action Required for Buy-Sell Agreements
Insured buy-sell agreements have long been a key component for succession planning for closely held businesses. A buy-sell agreement is a legal contract that sets forth the terms for the transfer of a deceased owner’s share of the company on death.
Texas Federal Judge Blocks FTC Non-Compete Ban
As we discussed in our July 16, 2024 bulletin update, a Texas judge issued an opinion blocking the Federal Trade Commission’s (“FTC”) Rule which had been set to take effect September 4, 2024 banning most employment non-compete agreements. That decision limited the injunction to the plaintiffs filing suit in Ryan, LLC v. FTC, No. 3:24-CV-00986 (N.D. Tex.).
SFBBG Attorneys Appear Before Yorkville City Council Over Property Concerns of Client
On July 23, SFBBG Attorneys Monica Shamass and Marc Pawlus appeared before the Yorkville City Council to voice concerns over the annexation and rezoning of farmland directly adjacent to our client’s property.
The Illinois Human Rights Act Puts Employers Utilizing AI on Notice
Last week, Governor J.B. Pritzker signed into law an amendment to the Illinois Human Rights Act that: 1) prohibits employers from utilizing artificial intelligence (“AI”) in a manner that discriminates against its employees or applicants, and 2) requires companies to disclose any use of AI for hiring purposes to its employees.