House-Passed 21st Century ROAD to Housing Act: What Real Estate Professionals Should Know
If it hasn’t already, the 21st Century ROAD to Housing Act may change how you think about acquisitions, development sites, public land, affordable housing capital, and single-family rental strategy.
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.
McDonald’s and the National Labor Relations Board faced off in an administrative court to determine whether the fast-food chain is liable for theactions of its franchisees as a joint employer.
Most construction contracts contain boilerplate Force Majeure or Act of God provisions, but they should clearly identify what those events are, their impacton contract terms and allocate the risks of delay caused by them.
At the start of this year, a new provision of the Illinois Mechanics Lien Act became effective, a major development in the history of Illinois’ MechanicsLien Act that may simplify the sale or refinancing of real estate that would otherwise be encumbered by mechanic’s lien litigation.
Litigation over restrictive covenant agreements, including non-competes, is on the rise. Because such agreements are viewed as restraints on trade, theyare generally disfavored by Illinois courts. In a recent decision, an Illinois appellate court followed suit, striking down as overbroad and unreasonablethe non-compete, non-solicit and confidentiality provisions in an employment agreement.
David
Michael
Managing Partner
Chair, Human Resources and Employment Law Practice