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Articles Posted in Business

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Eat (well), Drink (responsibly) and be (reasonably) Merry!

A Legal Guide to Holiday Parties Alas, the holiday season is upon us!  It’s time to celebrate the successes of the prior year with a festive holiday party, where employees can let off steam, socialize and spread cheer.  So, who should you contact first? A caterer… or a DJ… or…

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Facebook Security Breach – Warning and Opportunity

In late September, the social media behemoth Facebook told the World Wide Web that about 50 million accounts had suffered a security breach. Hackers had stolen password tokens for signing into Spotify, Instagram, Yelp and thousands of other third-party applications. Facebook Security Breach Facebook automatically logged out the 50 million…

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Sales Tax on Online Sales? Who is responsible to collect and pay the sales taxes?

In case you missed it, on June 21 the Supreme Court of the United States passed a judgment that states were now allowed to impose taxes on online sales.  This overrules its previous decision to rule out tax collection on stores that did not have a physical presence in that state.…

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Are Cryptocurrencies a Safe Bet? Investigations Raise Questions

Cryptocurrencies like Bitcoin have been spreading like cyber-kudzu during the past couple of years in certain corners of the online investing world. More cautious investors still might be hanging back to make sure they’re not a crypto-bubble. And now all investors have a reason to hesitate: a series of legal…

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The Legal Quagmire of Cryptocurrency

Cryptocurrency has been a trending topic of discussion for the last several years. Cryptocurrencies such as Bitcoin and Ethereum have captured the public’s attention with their unstable, and highly fluctuating market values, as well as their promises for quick and easy rewards. Currency in the Digital World But what exactly…

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Illinois prohibits Non-Compete Agreements for Low Pay Employees

Under a new Illinois law, non-compete agreements must be premised on a legitimate business interest and narrowly tailored in terms of time, activity, and place.  In addition, under the newly enacted Illinois Freedom to Work Act, employers are prohibited from entering into non-competes with employees who make less than $13/hour.…

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Can Student Loans Ever Be Discharged?

Can Student Loans Ever Be Discharged? Yes, and there’s a new tool to help bankruptcy lawyers deter mine whether clients qualify Contrary to common perception, not all student loans can be wiped out in bankruptcy court. Although the Bankruptcy Code does protect federal loans and some private loans from discharge,…

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Big Woes for Zillo

BIG WOES FOR ZILLO Zillo, the gigantic online real-estate database company, has a gigantic headache, legally speaking. It is currently the target of a class action lawsuit in Illinois. Zillow is the website that allows a person to search for properties for sale–properties located just about anywhere. And Zillow’s cornerstone feature–Zestimate–allows…

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Driverless Cars: The Future of Product Liability Litigation?

DRIVERLESS CARS: THE FUTURE OF PRODUCT LIABILITY LITIGATION?  Any business that will contribute to the production of driverless vehicles must give serious thought to the risk of products-liability lawsuits. And that includes suppliers, even of minor parts. We may think of driverless cars as a phenomenon of the future, but that…

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Are Illinois Non-Compete Agreements Still Valid for Low-Level Employees?

Are Employee Non-Compete Agreements Still Valid for Low-Level Employees?  Non-compete arguments are staple in every Chicago Business Lawyer’s legal arsenal and a necessary to protect a business under certain circumstances.  A non-compete agreement, also known as a non-competition covenant or clause, is an agreement between an employer and an employee…

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