Month: August 2015
Recent First District Opinion Clarifies Standard For Piercing Corporate Veil As Well As Who May Be Held Personally Liable
A basic principle of corporate law, indeed the very reason why individuals incorporate or organizations create subsidiaries, is to insulate stockholders (whether corporations or individuals) from the corporation’s liabilities. However, this insulation from liability is not absolute. “Piercing the corporate veil” (“PCV”) is the legal doctrine that allows a plaintiff to hold the entities or
Illinois Implements Act Requiring Certain Small Businesses to Provide Retirement Plans to Employees
The Illinois Secure Choice Savings Program Act (“Act”) (S.B. 2758, Pub. Act 098-1150), which requires certain small businesses to implement retirement plans for employees, took effect on June 1, 2015. Here are just a few highlights of what Illinois employers need to know about the Act and how it will impact their businesses and employees
Employers’ Duty to Provide Reasonable Accommodations to Pregnant Employees: Recent Developments in Federal and State Law
On July 14, 2014, the Equal Employment Opportunity Commission (“EEOC”) issued new guidance on its interpretation and application of the Pregnancy Discrimination Act (“PDA”). Amongst other things, the EEOC’s guidelines relate to an employer’s obligation to provide reasonable accommodations to pregnant employees. The PDA was a 1978 amendment to Title VII of the Civil Rights