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RD Quarterly- 2024 Issue 1

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RD Quarterly- 2024 Issue 1 • Corporate Transparency Act Compliance-Obtain your FinCEN ID Now • Generative Artificial Intelligence and Its Pitfalls  • Protecting an Elder Person’s Assets  • Prescription drug advertising may soon get a dose of honesty

Successfully Obtained a Final Award Entered in Court Ordered Binding Mediation

Posted by & filed under Attorney Updates, News.

Shareholder James J. Riebandt and Associate Dominic G. Erbacci successfully obtained a final award entered in court ordered binding mediation that requires an equal shareholder to pay $380,000.00 to the estate of a deceased shareholder for certain stock in the parties’ company. The two equal shareholders filed claims against one another in the Circuit Court… Read more »

Celebrating Women’s History Month-Meet Carolina Y. Sales

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In celebration of Women’s History Month, meet Carolina Y. Sales, Partner in RD’s Creditors’ Rights, Collections & Bankruptcy, Litigation, Business Transactions, and Banking & Finance Groups. We asked Carol her opinion on the progress the legal community has made so far for women attorneys and how can we improve. “The legal community has made a lot… Read more »

Celebrating Women’s History Month-Meet Julia Jensen Smolka

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In celebration of Women’s History Month, meet Julia Jensen Smolka, Shareholder in RD’s Creditors’ Rights, Collections & Bankruptcy, Business Transactions, Litigation, Real Estate, and Trusts & Estates Groups. We asked Julia as an attorney what is the significance of Women’s History Month. “As an Attorney, Women’s History Month is a time to celebrate all of my… Read more »

Celebrating Women’s History Month-Meet Maeve M. Degnan

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In celebration of Women’s History Month, meet Maeve Degnan, an Associate in RD’s Business Transactions, Real Estate, and Trusts & Estates Groups. We connected with Maeve about the women who inspired her to pursue a legal career. “There are many women, both personally and professionally, who have inspired me to pursue a legal career. Becoming an… Read more »

Mastering Life Balance Workshop-Tuesday, May 21, 2024, 9:30am-11:00am

Posted by & filed under Events, News, Speaking Engagements.

You’re invited to the Mastering Life Balance Workshop hosted by Robbins DiMonte, Ltd. and Diversity Scholarship Foundation, NFP.  The workshop is presented by Red Rooster Consulting, Inc. Life balance is a choice and a discipline. When we are out of balance we tend to have a negative impact on others, and our health, relationships, and… Read more »

Successfully Selling a Business, Published in Park Ridge Neighbors Magazine-April Issue

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Shareholder Robert Harig collaborates with Park Ridge Neighbors Magazine to publish “Successfully Selling a Business.”  Bob discusses the key steps in a business sale including 1) Preparation, 2) Basic Terms and the Letter of Intent, 3) Buyer’s Due Diligence, and 4) Definitive Agreement and Closing. Click below to view the full article. 0313_ParkRidgeNeighbors_April2024 (1)

Protecting an Elder Person’s Assets

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Is your loved one challenged by dementia, Alzheimer’s or diminished mental capacity? A concern of many seniors is the loss of assets due to extended long-term care or nursing home stay. 66% of all nursing home residents finance the costs of their care through the Medicaid – Long Term Care program. Receiving Medicaid to pay… Read more »

Corporate Transparency Act Compliance – Obtain your FinCEN ID Now

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The Corporate Transparency Act (“Transparency Act”) is a new federal law that went into effect this year. It applies to most privately held companies, especially those typically used for commercial real estate investment and most small businesses. There are exceptions but they are limited. Failure to comply exposes you to fines and criminal liability, including… Read more »