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After months of delays, Illinois finally released top scores for coveted cannabis dispensary licenses. The 75 available licenses went to only 21 companies. These companies will be entered into a lottery, which the state will hold next month. The scoring process and implementation of the law have come under intense scrutiny. Allegations of unfair scoring and mismanagement of the social equity intent of the law triggered multiple lawsuits. Illinois Dispensary Licenses Released Illinois’ long-awaited announcement of the winners of the cannabis dispensary licenses has drawn much criticism from around the state. Earlier this month, the Illinois Department of Financial and…
PLLCs now required. Professionals licensed by the IDFPR: there has been a major change to the LLC statute in Illinois. It likely affects you and your business. Previously, licensed professionals were able to form their businesses as LLCs. Now, these businesses must register as a Professional LLC (PLLC). This change went largely unenforced, but no longer. Attention IDFPR Licensed Professionals: An Illinois LLC Statute Change Applies to You Are you a professional licensed by the Illinois Department of Financial and Professional Regulation (IDFPR)? In Illinois, the IDFPR issues licenses to professionals like therapists, counselors, licensed social workers, occupational therapists, psychologists,…
In the last bit of employment news last week, the BACP reminded employers of the Anti-Retaliation Ordinance. Enacted in response to the coronavirus pandemic, the Ordinance protects workers from retaliation for obeying certain health orders related to COVID-19. What Health Orders are Covered Under Chicago’s Anti-Retaliation Ordinance? The Anti-Retaliation Ordinance applies to several kinds of health orders: Stay at home to minimize the transmission of COVID-19. For example: A stay-at-home order closes your workplace and requires you to stay home. Remain at home while experiencing COVID-19 symptoms or sick with COVID-19. For example: A doctor tells you to stay home…
Earlier this week, on July 1st, 2020, Chicago enacted the Chicago Fair Workweek Ordinance. Coming at the same time as an increase in the minimum wage, the Ordinance supports and enforces workers’ rights to a fair and predictable schedule. The Ordinance requires certain employers to post schedules 10 days in advance and pay employees extra for sudden schedule changes, plus a couple of other requirements. Do the new scheduling requirements apply to your business? What even are they? Well, that’s what we’re here to find out. What Employees Are Covered by the Chicago Fair Workweek Ordinance? We’ll get to…
Today, July 1st 2020, Chicago’s minimum wage goes up. The increase marks the second stage of a plan to incrementally reach $15.00/hour by 2021. The BACP published full rules on their website; here are the essential details: What is the Minimum Wage in Chicago? The minimum wage used to be $13.00 across the board. The rules taking effect today (July 1st, 2020) introduce a little more nuance. The minimum wage now depends on the size of your business; businesses with a workforce over a certain size pay a little bit more. Tiny (Fewer than 4 workers): $10.00 (was $9.25;…
Freelancers work at the mercy of the market. If you’re freelancing during COVID-19, the see-sawing economy may make you want to shelve your business for a while. But this may actually be the ideal time to officially form an LLC for your freelancing business. Seems crazy, right? But official registration confers many benefits, we think that by the end of this post you’ll agree. Here are the top five reasons why freelancers should form an LLC. Protect Your Personal Assets and Limit Your Personal Liability First and foremost, LLCs limit your personal liability as a business owner. When you freelance…
“Social equity” status was a trademark of Illinois’s cannabis legalization legislation. It aims to give a leg up to license applicants from overpoliced, underinvested, and primarily minority neighborhoods. However, despite the promise of fairness, they must wait a while longer. Cannabis Licenses for New Businesses Delayed The state postponed the issuance of 75 new dispensary licenses for recreational adult use of cannabis until mid-July, more than two months past the target date of May 1st. These licenses prioritized “social equity” business owners in an effort to diversify a white- and male-dominated industry. The delay can be largely attributed to the…
Last updated June 9th, 2020   Another day, another round of revisions to the PPP. On June 5, 2020, the President signed the Paycheck Protection Program Flexibility Act (“the Act”), a set of changes to the current rules for the paycheck protection program. Three days later, the SBA administrator and US Treasury Secretary issued a statement “clarifying” the rules in the Act. The news is mostly good, but don’t get too excited just yet – the Treasury and SBA are going to issue even more new rules and guidance for the Act, and we’ll write about those when they happen.…
I recently had an epiphany about PPP loan forgiveness, thanks to a wise G & G Law attorney, Rebecca Lyon. For weeks, she was gently explaining to me that I didn’t need to stress about loan forgiveness quite so much. Global Pandemic Brain (anyone else experiencing this?) combined with cobbler’s children syndrome prevented me from understanding how the PPP terms applied to my own business’s loan.   Here’s my revelation: Forgiveness is not all-or-nothing. Partial forgiveness is likely available for PPP loans. I was stuck on all or nothing thinking. I thought that if I couldn’t figure out how to…
Disclaimer: We are not experts in health or policy and make no guarantees as to the accuracy or timeliness of the details on this page. This page is for informational purposes only. See our full COVID-19 disclaimer for more. If your business has hit trouble because of the pandemic and you need guidance, the attorneys at G & G Law have assembled a toolkit of accessible, easy-to-digest information that answers many common questions we’ve received from our clients. You can read more about it and purchase it here. This information was retrieved directly from the Small Business Association (SBA)
Disclaimer: We are not experts in health or policy and make no guarantees as to the accuracy or timeliness of the details on this page. This page is for informational purposes only. See our full COVID-19 disclaimer for more. If your business has hit trouble because of the pandemic and you need guidance, the attorneys at G & G Law have assembled a toolkit of accessible, easy-to-digest information that answers many common questions we’ve received from our clients. You can read more about it and purchase it here. This is a guest post from our good friend Kate Scully…
Disclaimer: We are not experts in health or policy and make no guarantees as to the accuracy or timeliness of the details on this page. This page is for informational purposes only. See our full COVID-19 disclaimer for more. If your business has hit trouble because of the pandemic and you need guidance, the attorneys at G & G Law have assembled a toolkit of accessible, easy-to-digest information that answers many common questions we’ve received from our clients. You can read more about it and purchase it here. Last updated April 28th, 2020 On April 23rd, 2020, Governor JB…
Disclaimer: We are not experts in health or policy and make no guarantees as to the accuracy or timeliness of the details on this page. This page is for informational purposes only. See our full COVID-19 disclaimer for more. If your business has hit trouble because of the pandemic and you need guidance, the attorneys at G & G Law have assembled a toolkit of accessible, easy-to-digest information that answers many common questions we’ve received from our clients. You can read more about it and purchase it here. Last updated April 20th, 2020   U.S. unemployment claims topped 22…
Disclaimer: We are not experts in health or policy and make no guarantees as to the accuracy or timeliness of the details on this page. This page is for informational purposes only. See our full COVID-19 disclaimer for more. If your business has hit trouble because of the pandemic and you need guidance, the attorneys at G & G Law have assembled a toolkit of accessible, easy-to-digest information that answers many common questions we’ve received from our clients. You can read more about it and purchase it here. Last updated April 15th, 2020   The Economic Injury Disaster Loan…
Disclaimer: We are not experts in health or policy and make no guarantees as to the accuracy or timeliness of the details on this page. This page is for informational purposes only. See our full COVID-19 disclaimer for more. If your business has hit trouble because of the pandemic and you need guidance, the attorneys at G & G Law have assembled a toolkit of accessible, easy-to-digest information that answers many common questions we’ve received from our clients. You can read more about it and purchase it here. This is a featured post from our good friend Jennifer Brugh…
Disclaimer: We are not experts in health or policy and make no guarantees as to the accuracy or timeliness of the details on this page. This page is for informational purposes only. See our full COVID-19 disclaimer for more. If your business has hit trouble because of the pandemic and you need guidance, the attorneys at G & G Law have assembled a toolkit of accessible, easy-to-digest information that answers many common questions we’ve received from our clients. You can read more about it and purchase it here. Last updated April 13th, 2020   The monumental Coronavirus Aid, Relief,…