1999 Articles

The 1999 Collegium By James M. Lestikow April 1999 As is always the case, this year's collegium was a team effort.

1999 collegium fact pattern January 1999 Pinkly Ford, Inc., an Illinois "S" corporation transacting business as an automobile dealership in Bullpit, Illinois, just west of Springfield, Illinois, is owned by three individuals.

Agenda item II—minutes November 1999 I. Attendance. Attending the meeting of the Business Advice and Financial Planning Section Council at the Grand Geneva Resort & Spa in Lake Geneva, Wisconsin on Friday, June 25, 1999

Collegium news September 1999 This year the section again successfully ran its annual collegium at two separate venues: Chicago and Springfield.

Editor’s column By Malcolm L. Morris November 1999 As the calendar year draws to its end, the section council is busy laying plans for next year's activities as explained in our chair's column.

Editor’s column By Malcolm L. Morris September 1999 At long last, "The Counselor" arriveth. Our apologies for the delay.

Editor’s column By Malcolm L. Morris April 1999 This edition comes a little later than usual, but we think you will agree the wait was worthwhile.

Editor’s column By Malcolm L. Morris January 1999 This is a special edition of our newsletter devoted to the section's upcoming collegium.

Federal Y2K legislation signed into law By Thomas D. Lupo October 1999 Just six months before the eve of the Year 2000, President Clinton has signed comprehensive Y2K-related legislation that will govern various aspects of expected Y2K litigation.

Lease Resolution Corporation v. Larney By Austin W. Bartlett November 1999 In a case of first impression, the First District was faced with the issue of whether to adopt the adverse domination doctrine to toll the statute of limitations for claims by a plaintiff corporation against wrongdoing board members and non-board member co-conspirators.

Liability for ordering improper notarial acts By Malcolm L. Morris September 1999 "Here, notarize this." How often is this direction given by an employer to office assistants or secretaries when the person whose signature is to be verified is not present?

NORTHERN NOTES By Austin W. Bartlett & Emily A. Chen September 1999 These articles were written by students at the Northern Illinois University College of Law. The analyses and opinions are entirely those of the student authors.

NORTHERN NOTES By Austin W. Bartlett April 1999 These articles are written by students at the Northern Illinois University College of Law in DeKalb. The analyses and opinions are strictly those of the student authors.

Sample Year 2000 readiness disclosure statement March 1999 Our Company is providing this update to our Year 2000 preparedness status to keep you informed of our progress.

Should your client consider an employee stock option plan? By James M. Lestikow January 1999 Employee Stock Option Plans (ESOPs) may be the solution to one or more concerns of a business, such as succession planning, asset acquisition or an incentive to retain employees.

Taking business interest personally By Malcolm L. Morris November 1999 For years, paying interest was made less painful by the fact it was deductible from income for tax purposes.

Use of “pay-back” trusts for the disabled client By James M. Lestikow November 1999 When planning for a disabled client it is important to recognize techniques that will preserve assets while allowing the client to become or remain eligible for Public Aid assistance and other government benefits such as Social Security disability income

Useful law summaries By Herbert J. Klein September 1999 The Illinois Legislature enacted Public Act 90-737, the Illinois Governmental Ethics and Gift Ban Act.

View from the chair By James M. Lestikow November 1999 Just a short note for this issue to let you know that your section council is alive and well.

View from the chair By James M. Lestikow September 1999 There are big shoes to fill, figuratively speaking, at the head of this section council. Stuart Wolf has done an excellent job of keeping us focused on the things that our members have come to expect most, a great newsletter (edited by Malcolm L. Morris again this year) and a thought provoking collegium in both Chicago and Springfield.

View from the chair By Stuart H. Wolf April 1999 I am pleased to report that the 10th Annual Collegium was a huge success.

Y2K for the Small Business (or Law Firm) By Donna J. Cunningham October 1999 You know that the "Year 2000 computer bug" (Y2K) refers to the problems arising when a computer can't tell the difference between the 1900's and the 2000's because dates have been programmed and recorded as two digits (98) rather than 4 digits (1998).