In response to the Covid-19 pandemic, some county governments have extended deadlines for payment of property taxes or waived interest and penalties for late payment. The relief has been ad hoc with different measures enacted by different counties.
U.S. Supreme Court Holds That Title VII Prohibits Workplace Discrimination Based on Sexual Orientation or Gender Identity
On Monday, June 15, 2020, the U.S. Supreme Court issued a landmark decision holding that Title VII of the Civil Rights Act of 1964 prohibits discrimination in the workplace based on an employee’s sexual orientation or gender identity.
Federal Bankruptcy Court Rules Gov. Pritzker’s Executive Order Triggered Lease’s “Force Majeure” Provision
Last week, a Chicago-based federal bankruptcy judge ruled that Gov. Pritzker’s Executive Order addressing the COVID-19 pandemic triggered a lease’s “force majeure” provision entitling a tenant to a rent reduction.
Earlier today, President Trump signed the Paycheck Protection Program Flexibility Act of 2020 (“PPPFA”). The PPPFA addresses the problem many employers were facing with the ability to seek loan forgiveness based upon restrictions under the Paycheck Protection Program (“PPP”) enacted earlier this year.
Recent events have led to weighty economic issues in the United States and around the world. While this will continue to cause anxiety and present serious challenges, the current situation has also created a significant opportunity to maximize wealth transfers and avoid transfer taxes. Two factors have converged to make this opportunity.
Despite the COVID-19 restrictions in place in Illinois, SFNR attorneys are active in successfully litigating remotely and in person.
The COVID-19 pandemic has drastically disrupted all businesses, employers and government entities. Indeed, virtually the entire global economy has been affected. Shutdowns, the need for social distancing and efforts to contain the spread of the virus has led to the closing of businesses and the cancellations of services and events.
Earlier this year, the State of Illinois enacted new legislation requiring every Illinois employer to provide mandatory sexual harassment prevention training for all employees on an annual basis. While the COVID-19 pandemic has profoundly upended businesses and employers throughout the nation, the mandatory training obligations for Illinois employers have not changed.
Government officials are either lifting or planning to lift COVID-19 stay-at-home orders. To reduce the impact of COVID-19 outbreak conditions on businesses, workers, customers, and the public, all employers should plan now to prepare their workplace for COVID-19.
In the weeks since the enactment of the CARES Act and implementation of the Paycheck Protection Program – a forgivable loan program designed to assist small businesses to retain employees – many questions have been raised regarding the resulting tax consequences and implications to small businesses participating in the program.