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by OSAdminJuly 7, 2021 Business Law0 comments

FREEDOM TO WORK ACT – NEW RULES FOR ILLINOIS EMPLOYERS

Illinois Governor J.B. Pritzker has signed Senate Bill (SB) 672, which will be known as the Illinois Freedom To Work Act. The new law will significantly reform non-compete and non-solicitation law in Illinois. The Act imposes limitations on non-compete and non-solicitation agreements, and it provide employers with more clarity about enforceability. The new law has a January 1, 2022, effective...
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by OSAdminJune 30, 2021 Business Law0 comments

Tips to Avoid Embezzlement in Your Business

Embezzlement is a theft by a business partner, employee or other trusted individual in a business setting. It usually involves diverting company funds or resource, but it could also include the theft of merchandise, supplies, equipment,inventory, or even business data. Tips for Protecting Your Small Business from Embezzlement Embezzlement happens to small to medium size businesses when they...
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by Shelly LustigJanuary 10, 2020 Business Law0 comments

Sexual Harassment Training Now Required

On August 9, 2019, Illinois enacted the Workplace Transparency Act, which amends the Illinois Human Rights Act. This new law requires that all Illinois employers provide annual sexual harassment training to its employees. Effective January 1, 2020, all employers must train all employees in Illinois each year. The first deadline is January 1, 2021. The annual sexual harassment training program...
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by Shelly LustigJanuary 3, 2020 Civil Litigation0 comments

Sales Representatives In Illinois Have A New Friend

The Illinois Sales Representative Act states that a principal who fails to pay a sales representative is liable for the commissions, plus attorney’s fees and potential punitive damages up to 3 times the amount of the commissions owed. The Illinois Sales Representative Act is a little known law which states that a principal who fails to pay a commission to a sales representative is...
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by Shelly LustigJanuary 3, 2020 Civil Litigation0 comments

Today’s Growth Consultant of Minooka, Illinois, Sued By New Zealand Investor

By: Lustig & Wickert CHICAGO – Dec. 24, 2019 – PRLog — NZQ Investments Limited, a New Zealand corporation, has filed a lawsuit against Today’s Growth Consultant, Inc., an Illinois corporation. The lawsuit was filed on December 20, 2019, in The United States District Court For The Northern District of Illinois as Case No. 19-cv-8346. The Complaint alleges that NZQ...
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by Shelly LustigJanuary 3, 2020 Business Law0 comments

Oral LLC Operating Agreements Are Now Enforceable – Be Careful

The Illinois Limited Liability Act was recently amended in ways that could adversely effect our clients who own an interest in an Illinois limited liability company. The amendment of most consequence is that an oral operating agreement is now binding on its members and managers. This means that two or more people may decide one day that they had orally entered into an operating agreement even...
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