Ten Mistakes Buyers Make When Negotiating Letters of Intent in Commercial Real Estate Transactions in Illinois
Strong LOIs create faster transactions and, even if an attorney is involved, are considerably less expensive than salvaging a weak LOI or proceeding directly to a purchase agreement.
The 2026 ALTA/NSPS Land Title Survey Standards: What Do Commercial Real Estate Professionals Need to Know?
The 2026 ALTA/NSPS Land Title Survey standards took effect on February 23, 2026. The new standards give real estate owners, developers, and lenders opportunities to leverage 2026 ALTA surveys as a more effective risk-management tool.
The U.S. Department of Labor (DOL) published a temporary rule Monday, April 6, 2020, that provides additional guidance on the Emergency Paid Sick Leave Act (EPSLA) and the Emergency Family and Medical Leave Expansion Act (EFMLEA)
While much attention has been focused on the relief provided in the recently enacted CARES Act that targets individuals and small businesses impacted by the COVID-19 pandemic
The Centers for Disease Control and Prevention (CDC) updated its guidance and on Friday, April 3, 2020, issued a recommendation on the use of cloth face masks
While the Stay at Home order issued last month by Illinois Gov. J.B. Pritzker as a result of the coronavirus (COVID-19) pandemic has numerous (and obvious) impacts on business , a perhaps overlooked aspect of social distancing and working from home
The IRS has delayed the due date for filing 2019 federal gift and generation-skipping transfer (GST) tax returns and making federal gift and GST tax payments from April 15, 2020, to July 15, 2020.
As discussed in two previous articles on payroll tax credits for sick and family leave and CARES Act tax relief, eligible employers are entitled to claim an employment tax credit for qualified sick and family leave wages
As part of the recently enacted $2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES Act), Congress included expanded unemployment benefits in partnership with state unemployment agencies.