The Committee on Foreign Investment in the US (CFIUS) is an interagency organization that identifies commercial transactions that raise US national security considerations when there is significant foreign ownership of US…
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/ International Law & Trade, Real Estate - Commercial
Real estate investors may be familiar with the acronym DST, which in the context of Internal Revenue Code Section 1031 like-kind exchanges, refers to a Delaware Statutory Trust. A 1031 DST is a vehicle by which a seller of real…
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/ Business Organizations, Finance & Banking, Real Estate - Commercial, Taxation
On Tuesday, August 20, U.S. District Judge Ada Brown granted summary judgment, in favor of blocking the Federal Trade Commission’s (“FTC”) rule banning non-competes (the “Rule”). The Rule, which had been scheduled to go into…
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/ Antitrust & Trade Regulation, Civil Procedure, Labor & Employment Law
Many closely held businesses have shareholder buy/sell redemption agreements. These agreements are critical to maintaining business continuity when a key shareholder exits the company. When the redemption agreement is triggered…
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/ Business Organizations, Insurance, Taxation, Wills, Trusts, & Estate Planning
Below is his conversation with Gary Grote, Managing Director at Bridgepoint Investment Banking, which focuses on capital raising and M&A advisory solutions. Gary focuses on deals in the healthcare, leveraged finance, financial…
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/ Finance & Banking, Health, Labor & Employment Law, Mergers & Acquisitions
Personal goodwill refers to the reputation, relationships, and other intangible assets directly attributable to an individual professional rather than the business entity itself. It is especially relevant for professional…
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/ Business Organizations, Mergers & Acquisitions, Taxation
To help businesses, investors, and deal professionals better understand the evolving M&A market, Robert Connolly – a partner in and leader of LP’s Corporate Practice Group – shares a series of conversations with M&A experts. …
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/ Business Organizations, Finance & Banking, Mergers & Acquisitions
To help businesses, investors, and deal professionals better understand the evolving M&A market, Robert Connolly – a partner in and leader of LP’s Corporate Practice Group – shares a series of conversations with M&A experts…
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/ Business Organizations, Finance & Banking, Mergers & Acquisitions
Check out our 2024 employment law checklist to refresh yourself on employment laws that your company should be compliant with along with some specific laws that recently became effective, including:
•Chicago Paid Leave and…
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/ Labor & Employment Law
For generations, people have long debated: Is a taco a sandwich? In a recent decision, a judge in Fort Wayne, Indiana weighed in and ruled that a taco is, in fact, a sandwich. While this particular case attracted attention from…
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/ Commercial Law & Contracts, Real Estate - Commercial, Zoning, Planning & Land Use
The U.S. Court of Appeals for the Federal Circuit sitting en banc recently overruled the long-standing test for determining obviousness of design patents in LKQ Corporation, Keystone Automotive Industries, Inc. v. GM Global…
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/ Art, Entertainment, & Sports Law, Intellectual Property, Science, Computers, & Technology
On May 24, 2024, the Illinois legislature approved legislation to amend the Illinois Condominium Property Act (“ICPA”) to impose certain new requirements related to parking for “a unit owner who is a person with a disability who…
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/ Real Estate - Residential
The mere mention of “feedback” can make many people’s palms sweat. Whether giving or receiving feedback, it often has a reputation as negative and momentous. But it doesn’t need to be. Certainly, feedback can include…
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/ Labor & Employment Law
Given the recent growth of the secondaries market in the litigation finance space, Secondary Investors should consider how to best approach their review of potential transactions. In addition to the economics of a given…
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/ Finance & Banking, Mergers & Acquisitions, Securities Law
On April 30, 2024, the US Department of Justice recommended that cannabis be rescheduled as a Schedule III controlled substance, a classification shared by prescription drugs such as ketamine and Tylenol with codeine. Cannabis…
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/ Administrative Law, Business Organizations, Taxation