A recent Illinois appellate court opinion discusses a topic that the Court was surprised to find had not previously been fully addressed: the right of a corporate director to the books and records of the corporation. In Munroe-Diamond v. Munroe, 2019 IL App (1st) 172966, the First District panel evaluated… read more →
Many of us have heard of “estate planning.” Most people have a general idea that an estate plan allows them to distribute their money and property according to their wishes when they die. If we don’t create an estate plan, then the distribution of our property can be in limbo… read more →
Companies who use third party services to obtain criminal and credit background reports on contractors and/or employees and prospects have to comply with the Fair Credit Reporting Act (FCRA). One of the requirements is providing a copy of the “Summary of Your Rights” notice to the individual if the company… read more →
I recently had the opportunity to travel to Copenhagen Denmark for the annual meeting of the LEGUS International Network of Law Firms. B&D joined the LEGUS Network a little over a year ago and it has been a wonderful resource for the firm, allowing us to help our clients in… read more →
In late April 2018, a unanimous California Supreme Court in DYNAMEX OPERATIONS WEST, INC., v. THE SUPERIOR COURT OF LOS ANGELES COUNTY, http://www.courts.ca.gov/opinions/documents/S222732.PDF established a new test for classifying workers as independent contractors, with significant implications for all industries. Although the case is focused on the tech industry, the… read more →
Max Stein of B&D is a 2018 Financial Poise Webinar Panelist. Max will be sharing his expertise and experience by participating in the upcoming legal webinar “Federal Rules of Civil Procedure Refresher” which premieres on 3/15/2018. Here is a link to information about the webinar: http://www.prweb.com/releases/2018/03/prweb15303766.htm . Gain insight from… read more →
Though many Illinois professionals and attorneys are unaware of the existence of the Illinois Business Brokers Act, 815 ILCS 307/10-1 (“the Act”), it includes a number of requirements for those involved in the sale of businesses and could provide important opportunities for parties in disputes over those sales. The Act… read more →
On January 1, 2018, home buyers who choose to finance their purchase through Installment Contracts, also known as Contracts for Deed or, colloquially, “rent-to-own” contracts, will gain new protections under Illinois law through the Installment Sales Contract Act. Installment contracts provide an alternate method of financing the purchase of property… read more →
An estate plan is often, unfortunately, not always high on people’s to-do lists. Once someone signs an estate plan, they may, erroneously, think they have permanently crossed this task off their to-do list. They take their estate plan, put it in a safe place, and never think about it again. This… read more →
