Skip to Main Content

Speaker, Advocates Polish American Attorney Association in April 2022

Posted by & filed under Attorney Updates.

Shareholder Julia Jensen Smolka was the speaker at the April meeting of the Advocates Polish American Attorney Association. She led a round table of attorneys for a one hour Continuing Legal Education seminar titled “Taking Your Law firm To the Next Level.” Julia discussed management and insurance issues, and hiring, finding talent and networking ideas.

RD Quarterly- 2022 Issue 3

Posted by & filed under Newsletters & Blog.

RD Quarterly- 2022 Issue 3 Bankruptcy Laws Favoring Small Business Chapter 11 Reorganizations Extended through March 27, 2024 Debt Limits Increase for Chapter 13s; Making Reorganization More Affordable for Debtors Amendments to the Chicago Human Rights Ordinance Impose New Requirements on All Chicago Employers 2022 Illinois Legislation Impacting Seniors and Loved Ones Including Those Currently… Read more »

Debt Limits Increase For Chapter 13s; Making Reorganization More Affordable For Debtors

Posted by & filed under Articles, News.

On, June 21, 2022, President Joe Biden signed the Bankruptcy Threshold Adjustment and Technical Corrections Act which increased the debt limits of chapter 13 bankruptcy proceedings to a combined total of $2,750,000.  Previously, the Bankruptcy Code limited chapter 13 eligibility to individuals with unsecured debts of no more than $465,275 and secured debts of no… Read more »

Explaining Real Estate Tax Timing in Illinois: a One-Time Solution Continues 88 Years Later

Posted by & filed under Attorney Updates, News, Uncategorized.

Shareholder Richard Lee Stavins publishes “Explaining Real Estate Tax Timing in Illinois: A One-Time Solution Continues 88 Years Later” in the July/August 2022 Issue of the Chicago Bar Record, a publication of the Chicago Bar Association. Citation “Explaining Real Estate Tax Timing in Illinois: a One-Time Solution Continues 88 Years Later.” 36 Chicago Bar Record,… Read more »

Credit Scoring for Commercial Drones

Posted by & filed under Attorney Updates, Uncategorized.

Drones–officially named Unmanned Aircraft Systems–are experiencing robust growth.  During 2020, the drone fleet grew on average by 7,850 units each month. The Federal Aviation Agency forecasts that there will be 1,144,000 drones in the U.S. by 2025. But the cost of drones is also increasing fast.  The acquisition cost of a drone in 2016 averaged… Read more »

New 2022 Illinois Legislation Impacting Seniors and Loved Ones – Including Those Currently Eligible For, or Who May Seek Eligibility For Medicaid for Long-Term Care

Posted by & filed under Attorney Updates.

The Illinois winter legislative session began on January 4, 2022 and ended on April 9, 2022.  Here are some of the session’s highlights: Prepaid funeral/burial. Effective immediately. This allows existing life insurance policies to be used to fund and purchase Medicaid compliant prepaid funeral/burial contracts. Prepaid funeral/burial. Effective immediately. The right to obtain a prepaid… Read more »

Amendments to the Chicago Human Rights Ordinance Impose New Requirements on all Chicago Employers

Posted by & filed under Attorney Updates.

On April 27, 2022, the Chicago City Council approved amendments to the sexual harassment provisions of City of Chicago Human Rights Ordinance. These amendments expand training obligations, update employers’ obligations to provide their employees with a written sexual harassment policy and update the definition of sexual harassment, among other changes, effective July 1, 2022. As… Read more »