Recent federal spending legislation includes a provision that significantly affects the hemp and THC product landscape. This development warrants careful attention from state-regulated cannabis companies, including dispensaries…
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/ Agriculture, Business Organizations, Commercial Law & Contracts
As part of a sweeping legislative package aimed at modernizing land use and supporting public transit, Illinois has enacted the People Over Parking Act (SB 2111)— a major policy shift for commercial real estate. Taking effect on…
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/ Real Estate - Commercial, Transportation, Zoning, Planning & Land Use
To help businesses, investors, and deal professionals better understand the evolving independent sponsor landscape, Robert Connolly – a partner in LP’s Corporate Practice Group and leader of LP’s Independent Sponsor team –…
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/ Business Organizations, Finance & Banking, Mergers & Acquisitions
Of all the scary stories that can arise in estate planning, few scenarios are more genuinely terrifying than the chaos that unfolds when someone dies without a Will and other key estate planning documents in place. The…
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/ Civil Procedure, Wills, Trusts, & Estate Planning
October is Cybersecurity Awareness Month, the perfect time to provide some common-sense tips to avoid a common risk facing businesses: business email compromise and wire fraud. Businesses of all shapes and sizes use email, and…
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/ Business Organizations, Finance & Banking, Science, Computers, & Technology
In the context of secured transactions, the importance of a properly completed and filed UCC-1 financing statement (“UCC-1”) cannot be overstated.
While a UCC-1 is often the simplest document in a transaction — i.e., a…
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/ Bankruptcy, Commercial Law & Contracts, Finance & Banking
As succession planning becomes a more pressing concern for closely held businesses, Employee Stock Ownership Plans (ESOPs) are increasingly part of the conversation. While not the right fit for every company, ESOPs offer a…
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/ Business Organizations, Labor & Employment Law, Mergers & Acquisitions
As federal healthcare policy and funding continues to evolve — most recently due to the roughly $1 trillion in cuts to Medicaid passed by Congress in the so-called “One Big Beautiful Bill Act” — businesses across the healthcare…
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/ Business Organizations, Finance & Banking, Health
Steven Kriz was recently quoted in a Chicago Tribune article aimed at demystifying estate planning, where he provided insights about the documents included in a basic estate plan, how to select the right executor, and the…
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/ Taxation, Wills, Trusts, & Estate Planning
The landscape of professional athletics has undergone a seismic shift in recent years. Today’s athletes face opportunities and challenges that would have been unimaginable just a decade ago. From Name, Image, and Likeness (NIL)…
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/ Art, Entertainment, & Sports Law, Business Organizations
Planning a wedding involves countless decisions, from choosing the perfect venue to selecting flowers. But beyond the celebration details, many couples are also considering an important legal and financial step: creating a…
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/ Commercial Law & Contracts, Family Law, Wills, Trusts, & Estate Planning
U.S. patents are currently subject to maintenance fees paid to the U.S. Patent and Trademark Office (USPTO) at 3.5, 7.5, and 11.5 years from the date of grant to keep the patent live. The maintenance fees escalate over the life…
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/ Intellectual Property
Please join Levenfeld Pearlstein for a complimentary virtual webinar geared towards human resources professionals, in-house counsel, business owners, and senior leaders. We will review developments over the past year and discuss…
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/ Labor & Employment Law
High-net-worth individuals and families contemplating diversifying their wealth beyond U.S. borders, also known as outbound wealth planning, may be motivated by concerns about domestic political developments, economic policy…
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/ International Law & Trade, Taxation, Wills, Trusts, & Estate Planning
The second quarter was another busy one for us: In addition to deal work and portfolio company matters, our team attended conferences and continued to meet with various capital providers, independent sponsors, placement agents,…
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/ Business Organizations, Mergers & Acquisitions, Taxation
