News & Articles

Tax Incentives in the New Tax Cuts & Jobs Act

The new Tax Cuts and Jobs Act (the “Act”) provides tax incentives for making investments in low-income communities through Qualified Opportunity Zones.  Qualified Opportunity Zones will be designated by nomination of census tracts qualifying as low-income communities as well as tracts that are contiguous with low-income communities.  Governors of every state will have the opportunity

Florida Construction Law Statute of Limitations Update

Last summer, Florida Governor Scott signed a new bill into law which made important amendments to the statute of limitations for construction contracts.  Under the previous statute, actions based upon the design, planning, or construction of an improvement to real property were required to be commenced within four years of an alleged construction defect.  That

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

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

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

Employer Obligations Under OHSA’s Crystalline Silica Standards

What is Respirable Crystalline Silica? Crystalline silica is a common mineral and fundamental component in materials like granite, sand, stone, concrete and mortar.  It is also used to make products such as glass, pottery, ceramics, bricks, and artificial stone. Approximately 2.3 million people in the U.S. are exposed to silica at work.  Silica particles that

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