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.).
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.
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.
Effective January 1, 2024, the Corporate Transparency Act (Act) became a federal law affecting all corporations, limited liability companies, limited partnerships and other entities registered with the Secretary of State of the state of formation. All reporting entities formed prior to January 1, 2024 must register their beneficial ownership with the Financial Crimes Enforcement Network (FinCEN) database by before January 1, 2025.
The Chicago Tribune recently published an article chronicling widespread misclassification and undervaluation of properties by the Cook County Assessor.
Below are a few key updates to stay informed of the latest real estate tax developments in the Chicagoland area.
Since April 23, when the Federal Trade Commission (FTC) announced its final rule regarding noncompete clauses, I have received numerous calls and emails asking if such clauses are no longer binding and effective.
An insured buy-sell agreement is a solution that allows your business to continue operating by providing a source of funds to compensate the deceased owner’s family for his or her share of the company, without having to liquidate company assets. The surviving owners rarely wish to become partners with a deceased owner’s heirs and the heirs rarely wish to get involved with the day-to-day operations of their loved one’s business. So, what exactly is a buy-sell agreement?
The warm climate and urban environment in the twin cities of Dallas and Fort Worth lends itself to infestations of pests, including ants, termites, mosquitoes and rodents. Recognizing the opportunity this creates, Julien’s Pest Control d/b/a Evolve Pest Control (“Evolve”) handed sales representative Brad Liston a five-year contract beginning in January 2021 to market pest control services in the greater Dallas-Fort Worth area.
On July 3, 2024, a Texas judge issued an opinion blocking the Federal Trade Commission’s (“FTC”) Rule set to take effect September 4, 2024, which bans most employment non-compete agreements. The opinion, however, limited the injunction to the plaintiffs in the case and the court did not issue a nationwide ban.
Below are a few key updates to stay informed of the latest real estate tax developments in the Chicagoland area.
Contributors: Jeffery Heftman, Christain Manalli