By Eric Geringswald | CSC Illinois LLC Personal Liability An Illinois appellate court affirmed a circuit court's finding that members of an Illinois LLC could not be held personally liable for a money judgment owed by their company because the LLC's...
By Eric Geringswald | CSC How Terminated Illinois LLCs can be Reinstated Illinois lawmakers have amended the state’s Limited Liability Company Act to allow LLCs to revoke the decision to terminate if done within 90 days after the effective date of the...
Illinois businesses with 100+ employees (or 50+ employees if a federal contractor) will need to include employment data with their annual reports starting January 1, 2023. The Illinois legislature enacted the amendment to the state’s Business Corporation Act to...
If Matthew McElwee and Jared Reynolds had taken the advice of family, friends or even their peer attorneys, there might never have been an RM Law Group LLC in Chicago. The two became friends at Chicago-Kent College of Law, then went their separate ways into good...
Hochul Vows Less ‘Toxic’ NY Gov’s Office: New York Lt. Gov. Kathy Hochul (D) said she is “fully prepared” to take over for the current Gov. Andrew Cuomo (D) who announced he will step down on August 24 th . “I want people...
Cuomo Likely to Face Impeachment : In the wake of a damning report from the state attorney general’s office, New York Gov. Andrew Cuomo (D) is almost surely going to face an impeachment vote over allegations he sexually harassed at least 11 women and retaliated...
In November 2018, two Big Law expatriates who left their top-tier law firms years ago to hang their own shingles joined forces to create Fairchild Morgan Law , an eight-lawyer boutique firm with offices in Chicago and Milwaukee. The firm was created by a merger...