News & Articles

Recently, staffing agencies subject to the regulations of the 2006 Illinois Day and Temporary Labor Service Act are challenging amendments to the Act. They, along with their trade associations, are urging a federal court to prevent the enforcement of these changes, which primarily dictate the management and payment of day laborers and temporary workers. The

The National Association of Realtors (NAR) and other franchisors are navigating the fallout of a multibillion-dollar verdict handed down recently over agent commissions in Missouri. The case hinged on the commissions, usually of 6%, that sellers pay their agents, who then split them with the buyers’ agents. A jury concluded that the traditional practice where

The Internal Revenue Service recently released updated income tax brackets, standard deductions, and retirement contribution limits for the 2024 tax year. Tax Bracket Inflation Adjustment Tax brackets have been adjusted upwards by 5.4% for 2024. The primary purposes of this adjustment is to account for inflation because the government’s goal is to keep income taxes

The recent case of Kilpatrick v. Baxter, where the Illinois Appellate Court, First District, upheld a trial court’s decision deeming a complaint untimely filed due to an error in the entry of the attorney’s number, has been the topic of necessary debate within the legal community. This outcome raises crucial questions about the intersection of

An Illinois federal judge recently held that several food companies met their burden of showing that a group of egg farmers conspired to inflate egg prices. In 2011, a legal battle unfolded as major food industry giants – Kraft, Kellogg, General Mills, and Nestle – launched a lawsuit accusing prominent egg producers and trade groups

In March, Governor J.B. Pritzker and Transportation Secretary Omer Osman announced a nearly $200 million investment in 22 port, rail and highway projects intended to improve the freight movement throughout the state. Among the projects is $18.8 million for a new bridge over the Chicago Sanitary and Ship Canal on Illinois 50. Administered by IDOT

The United States’ Highway Trust Fund finances most federal government spending for highways and mass transit. Currently, this fund is in jeopardy as the Highway Trust Fund is running low on funding. Current trends indicate it will run out by 2028. The primary source of revenue for the Highway Trust Fund is from federal taxes

The Corporate Transparency Act (CTA) will establish uniform reporting requirements concerning beneficial ownership information for certain types of corporations, limited liability companies (LLCs), and other entities created in or registered to do business in the United States. The CTA authorizes the Financial Crimes Enforcement Network (FinCEN) to collect that information and disclose it to authorized

Special Purpose Acquisition Companies (SPACs) are publicly traded corporations with a specific goal—facilitating a merger with a private business to take it public. They have a two-year lifespan and raise funds from public-equity investors. This process aims to streamline and de-risk the initial public offering journey for the target companies. As of February 2023, 348

A 2023 study from the not-for-profit group Ready Nation revealed the negative economic consequences of unavailable childcare. The study analyzes how families, businesses, and taxpayers manage the costs of childcare and concluded that the U.S. loses a total of $122 billion in economic output every year due to unavailable childcare. This marks a significant increase