Freeborn Partner John O'Bryan recently authored an article for London Market Forums October newsletter entitled, "Claims Focus - COVID-19 and The USA," touching on the physical damage requirement frustrating COVID claimants. In this feature, John provides guidance on property insurance with respect to COVID-19 business interruption claims. To read the full article, click here.
A great deal of money is at stake between property insurers and the businesses they insure in those insureds’ lawsuits over whether business-interruption or civil-authority insurance covers the businesses’ substantial and widespread loss of revenue resulting from their closures during the COVID-19 pandemic. We reported in a prior alert that the first five judicial decisions on these disputes went
Freeborn's Co-Managing Partners Joseph L. Fogel and William E. Russell were interviewed by Law360's Aebra Coe for the publication's "Law Firm Leaders" column. In the interview, they discuss what the firm's approach to growth has been, the firm's commitment to diversity and inclusion, as well as the firm's goals for the future.
To read the interview, click here. (Subscription required).
CHICAGO – Freeborn & Peters LLP is pleased to announce that Jessica Coutré, an Associate in the firm’s Corporate Practice Group, has been chosen for the prestigious 2020 – 2022 Class of Dennis I. Belcher Young Leaders by the American College of Trust and Estate Counsel (ACTEC).
The two year Dennis I. Belcher Young Leaders Program was created to foster scholarship and education in Trust and
Since the inception of the Paycheck Protection Program (the “PPP”), there has been a lot of ambiguity as to the requirements for PPP borrowers looking to engage in M&A transactions and equity sales. To resolve the ambiguity, on October 2, 2020, the Small Business Administration (the “SBA”) released new guidance, in the form of Procedural Notice No. 5000-20057 (the “Notice”), which provides much
CHICAGO – Freeborn & Peters LLP is pleased to announce that the firm has again been listed in Vault’s Top 150 Under 150, which highlights leading midsize law firms “known for providing top-notch service and delivering big results.”
“We are thrilled that Freeborn has once again been recognized as one of the nation’s top midsize law firms,” said Freeborn Co-Managing Partner William E. Russell.
CHICAGO – Freeborn & Peters LLP is pleased to announce that Meghan E. Tepas, a Partner in the firm’s Litigation Practice Group, is one of Law Bulletin Media’s 2020 40 Illinois Attorneys Under Forty, which recognizes the “most talented young attorneys working in Illinois” under age 40. A Freeborn attorney has been included in the 40 Under Forty each of the last 21 years.
There has been a lot of contention lately over the issuance of retail cannabis licenses in Illinois. Many of the headlines center around disputes regarding the license lottery process itself. However, reading between the lines, it would appear that at least one major underlying concern fueling those disputes is whether the money from the dispensary is going back into the local community or to some
When a corporation that has net operating losses (NOLs) undergoes a change in its stock ownership, complex rules under Section 382 of the Internal Revenue Code may apply to limit the corporation’s ability to fully utilize those NOLs going forward. This Client Alert, written by Freeborn Partner Karen Hayes, is a brief introduction to the general application of Section 382.
Freeborn Partners Kathy Ehrhart and Jim Boland were recently interviewed by Attorney at Law Magazine about their involvement in the first virtual bench hearing in Cook County. They represented defendants in a civil case focused on alleged breach of contract where the judicial proceedings were executed in a virtual format. To read the full article or learn more about the virtual trial, click here.