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  • Article

    New Legislation Affecting Illinois Employers Now In Effect

    On March 23, 2021, Public Act 101-0656 (the Act) went into effect in Illinois, containing important limitations on the use of criminal convictions in employment actions, and imposing significant...
    United StatesEmployment and HR
    Taft, Stettinius & Hollister LLP
    Taft, Stettinius & Hollister LLP
  • Article

    EPA Releases Long-Awaited Final PFAS Reporting Rule

    The final rule's purpose is to help EPA better characterize the sources and quantities of manufactured PFAS in the United States.
    United StatesEnvironment
    Taft, Stettinius & Hollister LLP
    Taft, Stettinius & Hollister LLP
  • Article

    Five-Year Review Of USS Lead Superfund Site Provides Opportunity To Evaluate Biden Administration's Stance On Environmental Justice

    On Feb. 8, 2021, the U.S. Environmental Protection Agency (EPA) announced it was conducting a five-year review of a 322-acre residential area of the USS Lead Superfund Site in East Chicago, Ind.
    United StatesEnvironment
    Taft, Stettinius & Hollister LLP
    Taft, Stettinius & Hollister LLP
  • Article

    Presidential Executive Order Limits Federal Government Purchase And Use Of PFAS

    President Biden issued Executive Order No. 14057 (the "Executive Order") on Dec. 8, 2021 that incorporates the Federal Sustainability Plan to leverage the federal government's procurement powers ...
    United StatesEnvironment
    Taft, Stettinius & Hollister LLP
    Taft, Stettinius & Hollister LLP
  • Article

    Taft Chicago Attorneys Contribute Chapters To IICLE Publication

    Taft Chicago attorneys Barton O'Brien, Daniel Saeedi, Jill Cole, and Elizabeth Babbitt contributed chapters to the Illinois Institute of Continuing Legal Education (IICLE) publication Chancery...
    United StatesLaw Department Performance
    Taft, Stettinius & Hollister LLP
    Taft, Stettinius & Hollister LLP
  • Article

    Recessions Amplify The Risks To A Successful Digital Transformation

    Digital transformations that do not add value to the business simply do not make sense.
    United StatesStrategy
    Taft, Stettinius & Hollister LLP
    Taft, Stettinius & Hollister LLP
  • Article

    Information Security Alert: Two Security Vulnerabilities With Widespread Reach

    Considering the potential number of companies impacted by each of the following, we in Taft's Privacy and Data Security Practice wanted to share this urgent post...
    United StatesTechnology
    Taft, Stettinius & Hollister LLP
    Taft, Stettinius & Hollister LLP
  • Article

    CTA Remains Blocked Despite Supreme Court Decision

    On Jan. 23, 2025, the Supreme Court granted the government's motion to stay a nationwide injunction of the Corporate Transparency Act (CTA) issued by a federal judge in the case...
    United StatesCorporate/Commercial Law
    Taft, Stettinius & Hollister LLP
    Taft, Stettinius & Hollister LLP
  • Article

    Rise In Sophisticated Bank Impersonation Scams

    Financial scammers are increasingly impersonating banks and financial institutions with alarming sophistication, armed with victims' actual account details to create convincing urgency around fraudulent wire transfers.
    United StatesCriminal Law
    Taft, Stettinius & Hollister LLP
    Taft, Stettinius & Hollister LLP
  • Article

    Taft Acts As Legal Counsel To Ardlussa Capital In $225 Million Debut Fund Raise

    Taft served as legal counsel to Cincinnati-based private equity firm Ardlussa Capital in successfully closing its first flagship fund at $225 million, exceeding its initial target. The firm specializes in secondary and growth capital investments partnering with emerging managers across the lower middle market in North America and Western Europe.
    United StatesFinance and Banking
    Taft, Stettinius & Hollister LLP
    Taft, Stettinius & Hollister LLP
  • Video

    Does Using AI On A Government Contract Put Your Trade Secrets At Risk? What Defense Contractors Need To Know (Video)

    Defense contractors using artificial intelligence in government contract performance face a critical question about intellectual property rights. While AI-assisted work doesn't automatically transfer proprietary systems to the government, vague transparency and explainability clauses in contracts can quietly expand disclosure obligations and erode decades-old trade secret protections.
    United StatesGovernment, Public Sector
    Taft, Stettinius & Hollister LLP
    Taft, Stettinius & Hollister LLP
  • Article

    California Privacy Enforcement Continues: CPPA's Largest Fine To Date

    On July 1, 2025, the California Attorney General, Rob Bonta, announced that the California Privacy Protection Agency (CPPA) entered into a settlement with Healthline Media LLC (Healthline)...
    United StatesPrivacy
    Taft, Stettinius & Hollister LLP
    Taft, Stettinius & Hollister LLP
  • Article

    What To Know: Your Company Website And The California Information Privacy Act

    An ongoing issue many of our clients are dealing with are claims under the California Information Privacy Act (CIPA).
    United StatesPrivacy
    Taft, Stettinius & Hollister LLP
    Taft, Stettinius & Hollister LLP
  • Article

    Chicago Streamlines Development Incentives For Transit-Oriented Developments

    On July 16, 2025, the Chicago City Council adopted O2025-0015577, amending the Chicago Zoning Ordinance to simplify the approval process for development bonuses in Transit-Served Locations (TSLs).
    United StatesReal Estate and Construction
    Taft, Stettinius & Hollister LLP
    Taft, Stettinius & Hollister LLP
  • Article

    Did You Know That The Qualified Opportunity Zone Tax Credit Has Been Permanently Extended And (At Least Arguably) Enhanced?

    The QOZ tax credits were enacted in 2017 and sunset on December 31, 2026. This credit allows taxpayers to defer until December 31, 2026...
    United StatesTax
    Taft, Stettinius & Hollister LLP
    Taft, Stettinius & Hollister LLP
  • Article

    Did You Know That You Can Avoid The "Push Out" Election Negotiation With R&W Insurance In The Sale Of An LLC?

    As discussed in a prior "Did You Know," pre-closing income tax liabilities have historically not been much concern for the buyer of LLC interests, since the income of LLCs (taxed as partnerships) is not a liability of the target company but its selling partners.
    United StatesTax
    Taft, Stettinius & Hollister LLP
    Taft, Stettinius & Hollister LLP
  • Article

    Did You Know That You Can File A Section 83(b) Election With The IRS Electronically?

    Section 83(b) allows taxpayers to elect to include in their current taxable income certain compensation that would not otherwise be taxable until a future year.
    United StatesTax
    Taft, Stettinius & Hollister LLP
    Taft, Stettinius & Hollister LLP
  • Article

    Did You Know That You Can Make A Like-kind Exchange Into An Interest In A Delaware Statutory Trust?

    It is widely understood that you can defer taxation of the gain on a sale of investment real estate if the sale proceeds are reinvested into new investment...
    United StatesTax
    Taft, Stettinius & Hollister LLP
    Taft, Stettinius & Hollister LLP
  • Video

    ERP Vendors Want Your Data To Train AI – And They Will Charge You For It (Video)

    They are including language in their contracts giving them not only the right to use your data to train their AI models, but the right to extract fees...
    United StatesTechnology
    Taft, Stettinius & Hollister LLP
    Taft, Stettinius & Hollister LLP
  • Video

    Pushing Back On ERP Vendor Software Audits (Video)

    Software audits are never random. If you are being targeted, the ERP vendor believes there is a revenue opportunity with your use of the software. ERP vendors take advantage of ambiguous terms in the contract.
    United StatesTechnology
    Taft, Stettinius & Hollister LLP
    Taft, Stettinius & Hollister LLP

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