NEWS

Nearly 300 New Illinois Laws are going into effect in 2025. Listed below are some that may have a significant impact on you or your business.

Schaumburg-based Lavelle Law wrapped its annual food drive benefiting the Schaumburg Township Food Pantry. During the month of October, Lavelle Law set up collection boxes around Schaumburg and the surrounding area, where residents and workers could drop off nonperishable food items, paper goods, personal care items, baby food and diapers. Participants could also make cash donations online.

Because of the timing of the recent injunction, FinCEN is instituting an extended deadline beyond the original one of 12/31/24. The new deadline for existing reporting companies is now 1/13/25. If your company has not yet filed its initial FinCEN BOIR, please contact Attorney Frank Portera.

Join us for an informative seminar on New Year, New Laws as Illinois implements nearly 300 new laws in 2025, many of which impact employment practices. Led by Lavelle Law attorney Lance Ziebell, this session will provide valuable legal insights into these major changes and offer strategies to ensure compliance. Participants will learn how to protect their businesses from potential employee claims, contract disputes, and other legal challenges. This free seminar is a must-attend for business owners, managers, HR professionals, and advisors. Don't miss this opportunity to stay ahead of legal updates and safeguard your business.

Our client divorced several years ago. The divorce judgment required her former husband to remove her name from all business records and accounts on a business they owned during the marriage. The ex-husband refused to remove our client’s name for a business loan. We filed a petition for contempt against the ex-husband and though he used numerous excuses and caused significant delay, in the end, he was required to finally remove our client’s name from the loan and pay our client’s attorney’s fees.

On December 3, 2024, the U.S. District Court for the Eastern District of Texas (the “Court”) issued a nationwide preliminary injunction suspending enforcement of the Corporate Transparency Act (“CTA”) and its Beneficial Ownership Information (“BOI”) reporting rule. The injunction effectively suspends the requirement under the CTA for certain companies to disclose their BOI to the Financial Crimes Enforcement Network (“FinCEN”) for an indefinite period of time and until such injunction is overturned by an appellate court with jurisdiction.

Schaumburg-based Lavelle Law has hired Bruce Pulitini as the firm’s first chief financial officer. Pulitini joined the firm in November in the newly created position.

Lavelle Law represented an entrepreneur in the acquisition of four Domino’s Pizza restaurants.

Join us for an insightful Breakfast Briefs seminar focused on essential strategies to protect your business as we approach the end of the year and plan for 2025. This session will cover the importance of developing robust non-compete agreements, safeguarding trade secrets, and understanding temporary restraining orders (TROs) and injunctive relief.