Sugar Felsenthal Grais & Helsinger LLP regularly contributes to the discussion of important business and legal issues - in print, on the web and at public forums.
Our most recent publications and speaking engagements are listed below.
Richard Sugar authors "A STAY-AT-HOME MAP FOR TRACING THE CORONOVIRUS EMPLOYMENT COSTS AND TAX BENEFITS “FAMILIES FIRST CORONAVIRUS RESPONSE ACT”"
SFGH’s Richard Sugar describes Congress’ intent in passing the “Families First Coronavirus Response Act." He describes how the Act provides benefits of tax credits to employers and self-employed’s to offset the costs for the newly created sick pay mandates, and the scope of those sick pay mandates in light of the inability to work because of the Coronavirus. This description is helpful for employers, sole proprietors, partners, LLC members, and S Corporation shareholders who work in their business, and their professional advisors.
Can your business survive? In a word – yes. While most businesses will suffer, and many will fail, yours can survive. SFGH partner Jonathan Friedland and law clerk Kyle Fleck authored “You Will Survive! How Your Business Will Survive Coronavirus – a Crisis Management Plan” to give business owners insight on what they can do, what they should do, today, tomorrow, and next week to best position their businesses to survive during the COVID-19 crisis, and to ultimately thrive when the economy begins to recover.
Jeremy Waitzman and Hajar Jouglaf author "No, It’s Not Martial Law: How Illinois’ COVID-19 Shelter-in-Place Order Will Affect Your Business"
SFGH's Jeremy Waitzman and Hajar Jouglaf answer your questions about Illinois' recently issued COVID-19 shelter-in-place order in "No, It’s Not Martial Law: How Illinois’ COVID-19 Shelter-in-Place Order Will Affect Your Business."
Mark Melickian guides COVID-19 impacted businesses on how to access emergency cash in “Protect Your Business from Coronavirus with a Disaster Assistance Loan”
Has Coronavirus (COVID-19) made it challenging for your business to make payroll, maintain inventory, or pay your creditors? The U.S. Small Business Administration (SBA) will offer low-interest loans to businesses impacted by COVID-19 to help overcome the temporary loss of revenue businesses are facing. SFGH’s Restructuring, Insolvency, and Special Situations (“RISS”) head Mark Melickian advises businesses to jump on these opportunities now in his article “Protect Your Business from Coronavirus with a Disaster Assistance Loan.”
Has (or will) the COVID-19 prevent you from meeting your obligations under a contract? A force majeure clause in a contract essentially excuses a party from having to perform under the contract when events outside of that party’s control make it impossible to perform. Most force majeure clauses explicitly address events like war and natural disaster, but not pandemics.
John C. Martin Published in Bloomberg Law - "Access to Justice Benefits From ‘Lawyer-Directed’ Litigation Finance"
SFGH partner John C. Martin joins with Parabellum Capital’s Dai Wai Chin Feman to discuss charging liens and litigation finance.
SFGH Partner Lisa Vandesteeg authors cover article for the American Bankruptcy Institute Journal entitled, “Technology and Legal Ethics: A User’s Manual (Part I)"
The cover of the February 2020 issue of the American Bankruptcy Institute Journal features an article authored by Lisa Vandesteeg entitled “Technology and Legal Ethics: A User’s Manual (Part I)” – the first in a two-part series discussing the fundamentals of the intersection of cybersecurity and ethics for bankruptcy attorneys. The article in ABI’s February issue discusses the key ethical rules in the realm of technology and data security. The second article, appearing in a later issue, will provide guidance as to the best practices with respect to securing and transferring client data and the necessary steps law firms must take to notify clients in the event of a data breach or loss of client information.
SFGH is proud to announce that Jack O’Connor, a partner in the firm’s Restructuring, Insolvency, Special Situations, & Corporate Distress Group has been named Vice Chair for the Turnaround Management Association’s Global NextGen Committee for 2020.
Jeremy Waitzman publishes article in Financial Poise entitled "The LLC Operating Agreement Demystified"
Jeremy Waitzman recently authored an article on LLC operating agreements including why they are essential and providing a high level overview of standard content.
In his article entitled "When Is a Person or Trust an Illinois Resident?," Richard lays out a roadmap for snowbirds, transplants, temporary visitors, and trusts to navigate intersections of Illinois income and estate taxes.
In Richard Sugar's annual edition of "Spoonful of Sugar," Richard recounts his experience with clients and potential clients and describes the top ten financial planning oversights he has observed over the years.
Richard Sugar publishes article in Financial Poise entitled "Will an Unapologetic Tax Hike Affect Your 401(k) or IRA Beneficiaries?"
Richard Sugar recently authored an article describing the 2019 actions taken in both the US House and Senate to backdoor a tax hike on IRAs and 401ks by requiring accelerated payouts of retirement benefits. Click here to read more.
Brewbound Voices: Understanding Your Options in a Distressed Market — Alternatives to Filing for Bankruptcy
SFGH attorney Jack O’Connor recently authored an article for Brewbound, a leading beer industry trade publication, regarding alternatives to bankruptcy filings in a mature beer marketplace. The article, published in the “Brewbound Voices” column on the site, discusses specific strategies and alternatives for breweries in distress, citing recent examples of breweries opting not to file bankruptcy, and work to wind down their operations or otherwise continue their businesses by alternative means. The article provides an overview of asset sales, assignments for the benefit of creditors, receiverships, as well as other bankruptcy alternatives.
Jonathan Friedland and Hajar Jouglaf author article entitled “Bankruptcy Code Revised – A Review of the SBRA and Other Reforms”
Jonathan Friedland and Hajar Jouglaf authored an article reviewing the most recent changes made to the Bankruptcy Code. The article, entitled “Bankruptcy Code Revised – A Review of the SBRA and Other Reforms,” provides insight into key provisions of the Small Business Reorganization Act of 2019 (“SBRA”) and high-level overview of The Family Farmer Relief Act of 2019 (“FFRA”) and The Honoring American Veterans in Extreme Need Act of 2019 (the “HAVEN Act”).
Sugar Felsenthal Grais & Helsinger partner Jonathan Friedland quoted in article titled “How to Choose the Best Professional Associations to Join”
With many career benefits to joining a professional association and a nearly unlimited network of professionals to tap into, how do you choose which organization is the best fit for you? SFGH partner Jonathan Friedland was recently quoted in the article “How to Choose the Best Professional Associations to Join,” published in Point Road Group Insider.
SFGH partner Elizabeth “Lisa” Vandesteeg quoted in article titled “Litigation Funders Become the Litigants as Industry Grows”
Sugar Felsenthal Grais & Helsinger partner Lisa Vandesteeg was recently quoted in the American Lawyer Magazine for the article "Litigation Funders Become the Litigants as Industry Grows." In this article, Lisa Vandesteeg provided commentary on recent litigation over its permitted use.
Jonathan Friedland’s article entitled "Rise of the Alternatives" published in BankruptcyData's 2019 Bankruptcy Yearbook, Almanac & Directory
Sugar Felsenthal Grais & Helsinger partner Jonathan Friedland recently authored the article "Rise of the Alternatives" in BankruptcyData's 2019 Bankruptcy Yearbook, Almanac & Directory.
Matthew Schiff & Kathryn Nadro co-author "Sexual Harassment and Retaliation: A Practical Guide for Plaintiff and Defense - Chapter 4: Responding to the Charge and the Complaint"
Sugar Felsenthal Grais & Helsinger partner Matthew Schiff & associate Kathryn Nadro recently co-authored a chapter in the book "Sexual Harassment and Retaliation: A Practical Guide for Plaintiff and Defense." This is the fourth edition of the book published by the American Bar Association. In this book, Matthew and Kathryn guide how to respond to a charge and complaint when handling claims alleging harassment, discrimination, or retaliation. This much-needed resource provides critical background and best practices for attorneys who litigate cases on behalf of plaintiff/employees and defendants/employers.
SFGH partners Henry C. Krasnow and Michael A. Brandess publish article in Family Business Magazine entitled “Helping Your Family and Business Through Challenging Economic Times”
The May/June 2019 issue of Family Business Magazine featured an article written by SFGH partners Henry C. Krasnow and Michael A. Brandess entitled “Helping Your Family and Business Through Challenging Economic Times.” The article provides advice for family business owners in times of financial distress.
Sugar Felsenthal Grais & Helsinger partner Jonathan Friedland published in Private Directors Association May Newsletter – “What to Do When You're a Corporate Director of a Private Company Facing a Financial Crisis”
Sugar Felsenthal Grais & Helsinger partner Jonathan Friedland wrote an article for the Private Directors Association entitled “What to Do When You're a Corporate Director of a Private Company Facing a Financial Crisis.” In this article, Jonathan discusses the actions you should consider when a company whose board you sit on is facing an existential threat.
Estate tax savings of over $10 million that are available to you now won’t be available in seven years - and it is likely that they may disappear much sooner. The simplest thing you can do is use as much or as little of it as you are comfortable doing. This newsletter discusses some of the ways you can take advantage of the generous $11.4 million gift and estate tax exclusion and an explanation of what else you can and should do now, before it is too late.
Adam Grais is the featured guest writer for the April 2019 edition of the CFO Simplified blog. He discusses some of the key tax issues for business owners to consider when thinking about selling the company.
SFGH partner Michael A. Brandess published in Northern District of Illinois Bankruptcy Liaison Committee Newsletter
SFGH partner Michael A. Brandess was published in the Northern District of Illinois Bankruptcy Liaison Committee Newsletter for his article entitled "Bankruptcy Liaison Questionnaire."
SFGH Partner Henry Krasnow recently authored two articles: “The Family Business Consultant and the Family Enterprise Lawyer: Some Thoughts on a More Productive Collaboration” and “Five Ways to Get More From Lawyers”
SFGH Partner Henry Krasnow recently authored an article for the Wednesday, March 20, 2019, weekly edition of the FFI | Practitioner entitled “The Family Business Consultant and the Family Enterprise Lawyer: Some Thoughts on a More Productive Collaboration.” He also wrote an article for the March 2019 monthly newsletter for the Chicago Private Directors Association entitled “Five Ways to Get More from Lawyers.”
SFGH Partners Jonathan Friedland and Lisa Vandesteeg author 2019 edition of "Commercial Bankruptcy Litigation"
The 2019 edition of Commercial Bankruptcy Litigation was just released by West Publishing Company. This 2,000+ page treatise, with contributions from dozens of top firms across the US, is designed with the non-bankruptcy attorney intended to be its primary reader. The treatise is divided into three sections: (a) "Fundamentals,", with chapters covering the basics of commercial bankruptcy; (b) “Intersections," with chapters covering the intersection of bankruptcy law with other specific areas of law; and (c) "Special Focus Topics," with chapters covering specific types of litigation that commonly arise in Chapter 11. Jonathan Friedland is editor-in-chief and Elizabeth (“Lisa”) Vandesteeg is a co-managing editor.
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