Rich Lenkov, Attorney, Downey & Lenkov LLC will speak at the CLM Annual Conference, which will be held at the Hilton Orlando Bonnet Creek, April 6-8. His session is titled, “Risk Management – Stratified General Liability Claims: Fast Tracking And Other Techniques.” Rich Lenkov brings a killer instinct and unparalleled […]

By: Robert Bramlette, Income Member Entrepreneurs may want to sell their business for many reasons. A key question they ask is “How much is my business worth?” Businesses are valued in many ways. Book value: How much are assets worth? Assets include machinery, equipment, intellectual property and real estate (owned […]

On 2/27/16, 2 BDL teams played in the Chicago Legal Prep 3-on-3 Tournament. Players, supporters, students and faculty gathered together for fun competition and supported their athletic program. Chicago Legal Prep Charter Academy is Chicago’s first and only legal-themed charter high school. Rich Lenkov proudly serves on Legal Prep’s Advisory […]

By: Jim McConkey, Of Counsel Any Illinois commercial enterprise doing business as or with a limited liability company (LLC) should note Illinois House Bill 4361 (HB4361), which seeks to make sweeping changes to the Illinois Limited Liability Company Act. HB4361 was introduced by Representative Elaine Nekritz on December 14, 2015. […]

By: Juan Anderson, Income Member There are instances where the owner’s project acceptance serves as a waiver of claims for obvious defects against the contractor. However, the defense of waiver is not easily achieved. The general contractor must establish that the owner knew about defects when accepting in order to […]

By: Mollie O’Brien, Associate Many consumer contracts contain arbitration provisions. Two recent U.S. Supreme Court cases decisions agreed that if an arbitration agreement contains a class action waiver, it will be enforced. Enforcing a class action waiver depends on whether state or federal laws govern an arbitration agreement. Under the […]

On this week’s Legal Face-Off: Frederick Bates,  board vice-chair from Friends Of The Parks discusses recent developments with their lawsuit against the Lucas Museum of Narrative Art Cannon Lambert, attorney for Sandra Bland’s family discusses developments in the lawsuit against Waller County Sheriff’s Department in Texas for wrongful death in […]

By: Jeanne Hoffmann, Capital Member The Illinois Condominium Property ACT (“ICPA”) Section 605/9(g)(1), provides condominium associations with a lien on condominium unit/property for unpaid assessments for common expenses, any fines, interest, late charges and reasonable attorney fees and costs for collection. However, if the condominium unit is foreclosed or sold […]

Monday On Main Street is an exclusive filmmaker social event taking place every year in Park City, UT during the Sundance Film Festival. This event offers talented experts a chance to enjoy themselves in an upbeat, upscale setting in the heart of the fest. Attendees dined and networked at Butcher’s […]

By: Robert Bramlette, Income Member Even though the Great Recession has ended, economists are forecasting the U.S economy will have tepid growth for 2016 and 2017. When an event in China or the Middle East can directly or indirectly impact local businesses, entrepreneurs must manage every expense meticulously. One of […]