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Most business owners will eventually find themselves in a business partnership with one or more parties. Just as in every aspect of life, disputes happen in business partnerships too, and you must understand how to mitigate the risk of ending up in a dispute with a business partner and how to handle it when you… Continue reading Business Partnership Disputes
As a business owner, making informed and intelligent decisions can help mitigate the risk that your company gets stuck in business litigation. Business litigation is challenging to understand and encompasses many varying legal situations. If you accept the premise that it is important to keep your business out of court, you also understand that the… Continue reading Business Litigation: What You Need to Know
Bill 208 has been passed by the Illinois legislature guaranteeing five (5) days or forty (40) hours of paid leave for all employees in the state, in either the public or private sector, to be used for any reason. The bill is known as the Paid Leave for All Workers Act (“Act”) which Governor J.B.… Continue reading Illinois Paid Leave Law
Fuchs & Roselli, Ltd. is pleased to announce the arrival of Justin Yoon as a member of the firm’s Corporate Department. Justin received his Juris Doctor from Loyola University Chicago School of Law and his M.B.A. from Loyola’s Quinlin School of Business in 2017. We welcome him to Fuchs & Roselli, Ltd. and believe his contributions will… Continue reading New Attorney Announcement – Justin Yoon
Fuchs & Roselli, Ltd. is pleased to announce the arrival of Alex Wimmer, as a member of the firm’s litigation group. Alex graduated from the University of Illinois College of Law, J.D. in 2012, magna cum laude, and attended Loyola University of Chicago, where he received a B.A. in Political Science, cum laude in 2009 We welcome him to Fuchs & Roselli,… Continue reading New Attorney Announcement – Alex Wimmer
In early 2022, the Illinois Supreme Court ruled on a certified question in McDonald v. Bronzeville Park, LLC. The question before the Court was whether the exclusivity provisions of the Workers’ Compensation Act (“Compensation Act”) bar a claim for statutory damages under the Biometric Information Privacy Act (“BIPA” or the “Privacy Act”) where an employer… Continue reading Important Ruling on Biometric Information Privacy Act
On January 1, 2022, an amendment to the Illinois Freedom to Work Act will go into effect. The amendment implements several protections for middle-class employees against restrictive covenants such as non-competition and non-solicitation agreements. In sum, the amendment voids restrictive covenants for certain employees below an earnings threshold, codifies existing Illinois common law, and allows… Continue reading Change in Illinois Restrictive Covenants Law
The IRS has issued Notice 2021-25 that temporarily increases for 2021 and 2022 the Business Deduction for Business Meal Expenses to 100% from 50%. This applies to food or beverages provided by a restaurant. The term “restaurant” means a business that prepares and sells food or beverages to retail customers for immediate consumption, regardless of… Continue reading 100% Food and Beverage Expense Deduction for 2021 and 2022
In April, 2020 the Families First Coronavirus Response Act (FFCRA) went into effect to require employers to provide employees with paid sick leave and expanded family and medical leave in response to the ongoing COVID-19 pandemic. On December 31, 2020, these mandatory leave requirements expired and were replaced by a fully refundable tax credit available… Continue reading Illinois Adopts Federal Vaccine Mandate
Fuchs & Roselli, Ltd. is pleased to announce that Steve Ruffalo was appointed to the Illinois Supreme Court’s prestigious Rules Committee for the term ending in December of 2018. The Supreme Court Rules Committee is responsible for receiving rule proposals from the Supreme Court, Supreme Court or Judicial Conference Committees, the bench, the bar or the public. Proposals offered… Continue reading Steve Ruffalo Appointed to Illinois Supreme Court’s Rules Committee
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