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In major news related to the Corporate Transparency Act, beneficial ownership information reports (BOIR) are once again mandatory.

On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a preliminary injunction precluding the enforcement of the Corporate Transparency Act...

Unprecedented worldwide tariffs were recently announced by President Donald Trump, many of which were subsequently deferred for 90 days.

The Illinois Supreme Court has sided with Illinois health care facilities and against the plaintiffs' personal injury bar, ruling that Gov. J.B. Pritzker's executive orders entered during the COVID-19 pandemic give health care facilities immunity from liability for ordinary negligence for incidents that occurred during the pandemic.

In Kindred Nursing Centers v. Clark, the U.S. Supreme Court held that a wrongful-death action brought by two deceased residents' relatives...

The Financial Crimes Enforcement Network (FinCEN) issued guidance,1 effective March 26, 2025, to exclude U.S. persons and U.S. entities from the beneficial ownership reporting requirements...

A federal district court in Texas has blocked a U.S. Department of Labor (DOL) final rule that would have increased the salary thresholds for certain exempt employees on January 1, 2025.

The new deadline to comply with the Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act is March 21, 2025, as the nationwide injunctions preventing enforcement by the Financial Crimes Enforcement Network (FinCEN) have been lifted.

Changes to Section 1202 of the Internal Revenue Code have increased the tax benefits available to investors in small businesses and startups. The changes are part of the One Big Beautiful Bill Act...

Parties to certain acquisitions are required under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the Act) to disclose information about the parties and their transaction...

On October 7, 2024, the General Counsel (GC) for the National Labor Relations Board (NLRB) issued a 17-page memorandum urging the NLRB to find so-called "stay-or-pay" provisions unlawful and to impose harsh monetary penalties on employers that use such provisions.

The 2025 transfer tax exemption will remain at a historically high level before being reduced by 50% on January 1, 2026 under current law.

The 2025 transfer tax exemption will remain at a historically high level before being reduced by 50% on January 1, 2026 under current law.

Beginning on June 1, 2017, providers must use specific forms published on the Centers for Medicare and Medicaid Services (CMS) website in order to utilize the Voluntary Self-Referral Disclosure Protocol (SRDP) ...

June 30, 2025 - When a typical corporate borrower signs up with a typical corporate lender for a senior secured credit facility to support its "working capital and general corporate purposes,"...

On October 15, 2024, the Solicitor of Labor of the U.S. Department of Labor (DOL) published a "Special Enforcement Report" declaring the DOL's intention to oppose and deter seven contractual provisions that the DOL describes as "coercive."

By now, Illinois employers can confidently predict that with each new year comes new employment laws, and 2025 will be no different.

In today's world, it is highly likely that any company will find itself in a dispute, and that this dispute will lead to a claim being filed either in a court of law or with an arbitral body.