Energy & Environmental Law Adviser
Product Liability & Mass Torts Blog
Employment Law Landscape
Schiff Hardin Product Liability & Mass Torts Blog
A potent federal statute designed to take down organized crime looms large over the legal cannabis industry. The Racketeer-Influenced and Corrupt Organizations Act (RICO) was enacted in the 1970s to fight the mob with a declared purpose to “seek eradication of organized crime in the United States.”
Unlike businesses with a single controlling owner or several owners, a 50/50 business by its very nature is ripe for disagreement between its owners. Owners of a 50/50 business will need to proactively consider how to handle disagreements when setting up their business venture and drafting their operating agreement, shareholders agreement, or partnership agreement.
Schiff Hardin Employment Law Landscape
Schiff Hardin Energy & Environmental Law Adviser
This post explains the rules that apply to Illinois corporations and business entities organized in other jurisdictions.
This post explains steps that Illinois LLCs and their majority members can take to protect otherwise privileged communications from disclosure to minority members in advance of and during litigation.
Business divorces are often messy. Those who individually or collectively control a private business sometimes seek to force out owners of non-controlling shares.
New York Law Journal
On August 26, the U.S. Securities and Exchange Commission (SEC) adopted significant rule changes to Regulation S-K, including changes to risk factor disclosures by public reporting entities, which will impact public companies and private investors.
On August 26, the U.S. Securities and Exchange Commission (SEC) adopted definitional changes that will impact private investors.
iComply Investor Services
Schiff Hardin Product Liability and Mass Torts Blog
The U.S. Court of Appeals for the Seventh Circuit has ordered three class action objectors to repay $130,000 they received in a “side deal” in exchange for abandoning their appeal of a class settlement. Pearson v. Target Corp., No. 19-3095, ___ F.3d ___, 2020 WL 4519053 (7th Cir. Aug. 6, 2020).