Cook County Incentives Ordinance

On Wednesday, January 17, 2018, twenty-four Mayors throughout Cook County appeared before the Cook County Business and Economic Development Committee, to request a repeal of the new Cook County Incentives Ordinance 74-71(b)(2), which implemented new labor regulations and required Living Wage Incentives affidavits. The new affidavits required by Ordinance 74-71(b)(2) have made the already complex […]

Continue Reading →
0

False Claims Act Whistleblowers Continue to Falter

In recent years, the federal False Claims Act has produced many verdicts with price tags of hundreds of millions of dollars.  However, in recent months federal courts have been reluctant to rule in favor of whistleblowers, causing speculation that the end of such FCA verdicts is looming. For example, recently the U.S. Court of Appeals […]

Continue Reading →
0

Indemnity Agreements in Illinois

Indemnity agreements often require precise language in order to specifically define the agreement’s parameters and avoid additional litigation of avoidable ambiguities or imprecisions within the agreements.  An indemnity agreement is a contract that transfers risk from one party to another, and is mostly used in business or insurance contracts.  In an indemnity agreement one party […]

Continue Reading →
0

Chicago: A Hub for Business Incubators

Business incubators are organizations geared at accelerating growth and success of either a startup or a company in its early stages.  With entrepreneurship on the rise over the past few years, Chicago has become a hub for business incubators aimed at growing businesses, innovation, and economic development.  Incubators in Chicago provide select businesses with centrally […]

Continue Reading →
0