Requirements of Condominium Conversion Projects

Illinois Conversion Condominium Projects – Notice of Intent to Convert and Disclosure Requirements By Michael A. Keeton michael.keeton@mhtlaw.com   The Illinois Condominium Property Act (the “Act”) (765 ILCS 605/1 et seq.) contains provisions allowing for the conversion of residential apartments or other income producing property from sole ownership to individually owned condominium units.  However, in…

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New Overtime Regulations Affect Local Business

On December 1, 2016 new Overtime Regulations will nearly double the minimum employees must make to be exempt from Overtime Pay requirements. These changes will have a big impact on all businesses – both small and large. Joshua D. Herman was interviewed by WMBD/WYZZ regarding new changes to Overtime Regulations, and you can see the…

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