Blog
Lawsuits Against Robinhood – Likely To Miss The Target!
In response to the drastic jump in the stock’s price, the investing app Robinhood halted trades of the stock, preventing customers from buying additional shares but still allowing them to sell the shares they already owned. Angry investors have now filed several lawsuits across the country in various federal courts against Robinhood arguing that Robinhood’s response was arbitrary and harmed its customers.
Section 230 – Unzipped
Recently a lot of political and media attention has been set on “Section 230.” Many politicians, including President Trump and President-Elect Biden have called for Section 230 to be repealed entirely, while other politicians have called for a rework of the provision....
“First Comes the LAW, then Comes Marriage”
- Mark Schondorf, Divorce Attorney In this world of reality television, we see people sharing the details of their personal lives on a regular basis, and often these shows center around love and relationships. Who hasn’t heard of The Bachelor, or The Bachelorette? One...
7 Things to Know about Businesses and Divorce
If you own a business, or your spouse does, and are contemplating divorce in Illinois, here are 7 things you need to know: Businesses Started During The Marriage Are Marital - It doesn’t matter where the money to start a business came from – family, inheritance, or...
Parental Tug-of-War and the Pandemic
by: Mark Schondorf - May 6, 2020 In a recent press conference, Illinois Governor J.B. Pritzker was asked about parents who are using the COVID-19 Stay at Home Order , or the pandemic in general, to “sidestep” custody and parenting time agreements. Certainly, parents...
Making Assumptions Could Cost Millions
To all of my real estate colleagues:A lot of you received emails and saw posts advising that IRS Notice 2020-23extends the deadlines for identifying replacement properties and closing on such replacement properties as part of a tax-deferred exchange under Internal...
A Note to Friends and Clients regarding COVID-19 response
As we all know by now, we are in the midst of a Coronavirus (COVID19) global pandemic the likes of which none of us have ever experienced. Schools are closed or closing, all sports leagues have either suspended or postponed their seasons and state and local governments are encouraging people to stay home and practice social distancing as ways to stop or slow down the of the virus.
Is COVID-19 Making it Hard to Pay Child Support?
If you are having a tough time paying your support payments as a result of the novel coronavirus (COVID-19) pandemic, you need to seek the court’s approval to abate or suspend your payments. Amidst everything that is happening in the world right now, the last thing...
Special Considerations For Business Owners
What do you need to know when filing for divorce as a business owner. What are the biggest concerns?
Non-Marital Business Issues
Protect Your Business One of the most common concerns of business owners entering (or leaving) a marriage is protecting the business that they worked so hard to build. A well drafted premarital agreement can be a very effective tool to ensure that a party's business...