Imagine that for 10 years, you have sold goods to a customer with nothing more than a call and a handshake.  Your customer, in turn, sells your goods to the end user.  For as long as you can remember, your customer and the end users have been very happy with the performance and durability of [...]

On March 18, Arnstein & Lehr Chicago Partner Konstantinos Armiros (left) received a significant result for his client, a major 100 year old lumber retailer, that was victimized by the real estate market collapse.  Recently a private equity fund agreed to buy the company but the bank would not allow the lumber company to go through a formal [...]

On March 24 Chicago Partners  Roy Bernstein, Samuel Levine, and Justin Weisberg, Associate Matt Bryant and Hoffman Estates Partner Art Janura will be presenting Illinois Civil Engineering and Surveying Land Law at Illinois Institute of Technology – Rice Campus in Wheaton. They will be discussing boundary evidence, land use hearings and litigations, and other issues [...]

Chicago Partner Robert E.  McKenzie was interviewed by the Baltimore Sun for an article that appeared in the March 16 edition of the paper. Mr. McKenzie  talked about what the IRS has said about allowing people flexibility in cases where their income has fallen or they have lost their job.  He also discussed options available [...]

Chicago Associate Toby Eveland is speaking at the University of Illinois at Chicago College of Medicine to doctors, residents and medical students about healthcare rights and challenges for same-sex couples.   He is participating in a two-part series. The first seminar took place on March 17 and the second seminar is scheduled for March 24. This [...]

Below is an overview of the key tax changes affecting business in the recently enacted Hiring Incentives to Restore Employment (HIRE) Act. The act was signed into law by the president on March 18, 2010. Extension of enhanced small business expensing (Section 179). The new law gives a one-year lease on life to enhanced expensing [...]

The Spring 2010 issue of Arnstein & Lehr’s Intellectual Property Group‘s newsletter highlights damages for false patent marketing, an analysis of Cuban trademarks in the U.S., a Second Circuit decision clarifying trademark dilution, a First Circuit decision interpreting a settlement agreement, and analysis of the Illinois Supreme Court interpretation of the Consumer Fraud Act. The [...]

Chicago Partner Mary Cannon Veed, an insurance insolvency expert, provided her thoughts on the possible liquidation of Kemper Insurance in today’s online issue of Business Insurance magazine.  Kemper, based in Long Grove, Illinois, has been in voluntary runoff since 2004. Runoff is the liability of an insurance company for future claims that it expects to [...]

Chicago Partner Robert E. McKenzie has recently been interviewed by the media about various tax issues. On March 11 Bob spoke with Forbes magazine on the increase in levies and liens in 2009 (based on the IRS 2009 Enforcement Results) and the IRS’ efforts to appear more flexible in working with struggling taxpayers.  Later that [...]

Fort Lauderdale Partner Richard Rosenbaum was interviewed by the Daily Business Review for an article in the March 11 issue about Lewis Freeman, a receiver who unsuccessfully attempted to steal $1.5 million and has pled guilty to fraud.  Mr. Rosenbaum is representing Daniel Sterner, a top staff member of Freeman’s who has not been arrested [...]

On March 23 Chicago Partner Justin Weisberg will be presenting a Webinar entitled, “Additional Insured Coverage: Reconciling Business Contract Obligations and Policy Terms.” The seminar will discuss various forms of additional insured coverage and will analyze the interrelationship between contract requirements for additional insured coverage and actual insurance coverage. The panel will outline best practices [...]

Chicago Partner Erik Kantz speaks today to the Chicago Bar Association’s Corporation & Business Law, Corporate Documentation: Forms and Best Drafting Practices Subcommittee.  His topic is entitled From Private Ownership to Private Equity Ownership: Practical Tips for Identifying and Documenting Transition Issues When Selling to Private Equity.

Chicago Partner Jerry Siegan represented ONE Bio, Corporation (OTCBB: ONBI) in connection with a Securities Purchase and Registration Rights Agreement pursuant to which the Company sold to a group of private and institutional investors of an aggregate of $3 Million of the company’s secured 8% convertible notes and warrants to purchase aggregate of 444,298 shares [...]

Fort Lauderdale Partner Dale S. Bergman was interviewed in the Dealmakers section of the March 10 issue of the Daily Business Review. Bergman assisted Celsius Holdings complete a public stock offering deal worth nearly $14.5 million. He did so by recapitalizing the company, converting shared stock and implementing corporate changes. Bergman accomplished all this during [...]

West Palm Beach and Boca Raton Real Estate Partner Scott Frank spoke last week on Dealing with Tenant or Corporate Bankruptcy during the Inside Self-Storage (ISS) World Expo) at the Paris Resort in Las Vegas, Nevada.  The ISS World Expo is the industry’s leading conference and trade show and the premier networking event for self-storage [...]

On Friday Rockford’s WREX-TV reported that Cliffbreakers Riverside Resort had filed for Chapter 11 bankruptcy protection.  Chicago Partner Philip Ruben serves as the resort’s general counsel.  In an article appearing on the WREX-TV Web site, Mr. Ruben addressed the benefits of filing for bankruptcy protection to the resort, which sits along the Rock River five [...]

Arnstein & Lehr’s Chicago Partner Samuel Levine was a panelist on the American Bar Association cable show “Illinois Law.” Mr. Levine taped a show about “Avoiding and Defending Mortgage Foreclosures.” The show will air on CAN-TV Cable Channel 21 at 10:00 p.m. Tuesday, March 2 and March 16. Click here for additional information.