Hold On To What You've Got: Unclaimed Property Reporting, Notice, and Remittance Requirements For Illinois Businesses
"Finders keepers, losers weepers" may be the law of the playground, but for businesses that hold "unclaimed property," adopting such an attitude is fraught with legal and financial peril. A company holding goods or funds that belong to a customer, client, or other business or individual cannot simply pocket that property or money because its owner may have forgotten about it or is unaware of its existence. . . . [READ MORE]
New Limits and Liabilities For Illinois Employers That Use AI In Their Hiring and Employment Practices
Any hiring manager or employer who has had to sift through a mountain of resumes, engage in time-consuming screening, or conduct countless interviews understands the appeal of utilizing artificial intelligence (AI) to streamline the hiring process and efficiently deliver a manageable pool of candidates worth a second look. . . . [READ MORE]
LLF's Alexander Passo Secure $1 Million Settlement After Urgent Care Facility Develops a Bad Case of Breach of Contract
No good deed goes unpunished, as the saying goes. For a firm client that provides medical coding, auditing, and collection services to health care practices, that good deed involved delivering services that helped an Illinois hospital increase revenue and collections, improve efficiency, and decrease outstanding receivables. For fulfilling and exceeding the expectations set forth in its contract with the hospital, our client's punishment was to be unjustifiably and inexcusably stiffed out of over $1 million in earned and agreed-upon fees. . . . [READ MORE]
