HolmstromKennedy

by: Alexander J. Mezny The United States Supreme Court has just rejected 50 years of precedent holding that overtime exemptions under the Fair Labor Standards Act (“FLSA”) must be narrowly construed against the employer. The case, Encino Motorcars, LLC v. Hector Navarro, et al., involved one of the many industry-specific exemptions to the FLSA – […]

Read More

April 19th, 2018

Posted In: Employment & Labor

by: Aaron W. Brooks This week, the National Institute of Standards and Technology (NIST) will hold its First Post-Quantum Cryptography Standardization Conference. The core purpose of the Conference will be to analyze the results of last fall’s Round 1 Submissions process, in which candidates submitted proposals to standardize one or more quantum-resistant public-key cryptographic algorithms. […]

Read More

April 11th, 2018

Posted In: Privacy, Security & Information Technology

by: Thomas R. Cross With home automation systems becoming increasingly accessible to the average homeowner, surveillance products like the Amazon Cloud Cam, Nest Cam, and Ring Video Doorbell are finding their way into ever more residential properties. Unfortunately, the average homeowner’s use of these, and similar, products may not be compliant with the Illinois Eavesdropping […]

Read More

April 6th, 2018

Posted In: Privacy, Security & Information Technology

In this video, Attorney Joseph F. Arias of HolmstromKennedyPC explains three things that you need to know about Certificates of Insurance. Many people rely on Certificates of Insurance to confirm that they have been added as additional insureds to the property and casualty policies of others, but over reliance can lead to unexpected gaps in […]

Read More

March 30th, 2018

Posted In: Insurance Coverage

by: Amanda J. Adams Martinez Good news – for those of you who operate a small business in Illinois organized as a limited liability company (“LLC”), this year you’ll notice that fees payable to the Illinois Secretary of State to create, maintain and otherwise manage LLCs have decreased. Senate Bill 867, signed into law by […]

Read More

March 22nd, 2018

Posted In: Business Entities, Corporate & Business

Content Editor: Maryjo F. Pirages Reynolds Original Author Credit: Allison M. Huntley The Second District Appellate Court recently ruled on BMO Harris Bank N.A. v. Joe Contarino, Inc., 2017 IL App (2d) 160371, a case concerning an amendment to the Conveyances Act from 1996. The case directly impacts Illinois creditors lending to residential and commercial landlords. […]

Read More

March 13th, 2018

Posted In: Civil Litigation, Real Estate

In this video, Attorney Joseph F. Arias of HolmstromKennedyPC in Rockford, Illinois discusses the “CEO Scam,” a common phishing scheme used to target businesses. Joe discusses how to protect your company from the scam and the insurance issues that often arise after a company has been attacked.

Read More

March 6th, 2018

Posted In: Insurance Coverage

By: Maryjo F. Pirages Reynolds Illinois employers already need to exercise caution to avoid prematurely inquiring about an applicant’s criminal history in violation of the Illinois Job Opportunities for Qualified Applicants Act, effective January 1, 2015. Soon, there could be a need for Illinois employers to avoid asking job applicants about their salary history. In […]

Read More

March 1st, 2018

Posted In: Employment & Labor

By: J. Joseph McCoy The Tax Cuts and Jobs Act, which became effective on January 1, 2018, has some significant implications for estate planning. The focus of this article, which will be the first of a multi-part series, will be on the change to the federal estate tax exemption. Under the new law, the federal […]

Read More

February 21st, 2018

Posted In: Trusts & Estates

By: Kim M. Casey The Federal Rules of Bankruptcy Procedure which became effective on December 1, 2017 make changes to the timing of the filing of proofs of claim in a bankruptcy case and alter the procedure for determining the amount of a claim and the value of any security that is held by the […]

Read More

February 12th, 2018

Posted In: Bankruptcy & Creditors' Rights

Next Page »