2024 Articles

The Corporate Transparency Act: A New Era of Business Accountability By Nikhil A. Mehta October 2024 The Corporate Transparency Act, which aims to enhance transparency among business entities by combating illicit financial activities and bolstering efforts by the federal government to prevent money laundering and other financial crimes, went into effect on January 1.

Guilty Pleas Following People v. Wells By Hon. Randy Rosenbaum October 2024 The Illinois Supreme Court considered whether a defendant is entitled to additional jail credit after a negotiated plea in People v. Wells.

Nice Trust, But What’s in It? Analyzing Funding for Revocable Trusts By Cameron T. Lythberg October 2024 A trust should include a schedule of assets so that a successor trustee knows what assets are in the trust they have been tasked with administering.

A Rural Practitioner’s Plea for Action By Lindy A. Giesler October 2024 While rural Illinois was once the home to a greater number of legal practitioners and law firms, these firms have struggled in recent years to attract new attorneys that are willing to take positions in rural areas.

Two Wrongs Do Not Make a Right: Illinois Adopts the ‘Partial Breach’ Doctrine By Ronald D. Menna, Jr. October 2024 Illinois follows the “first-to-breach" rule, which holds a material breach of a contract provision by one party may be grounds for releasing the other party from its contractual obligations.

Welcome to the Rural Practice Section By Angel Wawrzynek October 2024 The Rural Practice Section Newsletter is intended to circulate articles and information from the various sections addressing substantive legal updates as well as addressing law practice management and other topics of interest to general rural practitioners.