The Corporate Lawyer

The newsletter of the ISBA’s Corporate Law Departments Section

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2021 Articles

COBRA Continuation Coverage Subsidy Provider Under American Rescue Act of 2021 By Bernard G. Peter June 2021 The American Rescue Plan Act of 2021 provides temporary premium assistance for COBRA continuation coverage under the Consolidated Omnibus Budget Reconciliation Act.
COVID Litigation: Predictions vs. Experience By Marcie Lape, Chuck Smith, & Amy Van Gelder April 2021 A look at the impact of COVID-19 on litigation one year in and tentative predictions for the near future.
Department of Labor Retirement Plan Cybersecurity Guidance By Bernard G. Peter June 2021 A summary of the cybersecurity tips issued by the U.S. Department of Labor's Employee Benefits Security Administration.
ESG Considerations for U.S. Companies By David Kotler, Catherine Wigglesworth, & Samantha Rosa April 2021 Environmental, social, and governance investing is becoming a growing priority for issuers, investors, asset managers, and regulators in the United States, making it critical to understand the applicable legal and regulatory considerations.
Illinois Implements Substantial New Employer Obligations By Michelle T. Olson May 2021 Recent changes to Illinois law limit the use of conviction records in employment and require employers to report pay and diversity data to the state.
Illinois Notary Law Changes By Kevin J. Stine September 2021 A summary of recent changes to existing notary laws in Illinois.
IRS Retirement Plan Limitations for 2021 By Bernard G. Peter June 2021 The Internal Revenue Service updated the retirement plan limitations for 2021 late in in 2020 in IRS Notice 2020-79. 
New Law Expands Prohibitions on Restrictive Covenant Agreements With Illinois Employees By Jonathan D. Lotsoff, Stephanie L. Sweitzer, & Patrick R. Duffey September 2021 Governor Pritzker signed new legislation on August 13 amending the Illinois Freedom to Work Act, which codifies certain existing common law principles and imposes new requirements that will greatly impact the enforceability of noncompetition and nonsolicitation agreements. 
New NYSE Rules Ease Shareholder Approval Requirements, but May Expand Audit Committee Role By Maurice Blanco, Michael Davis, Joseph A. Hall, Michael Kaplan, James C. Lin, Emily Roberts, Richard D. Truesdell, Jr., & Elizabeth S. Weinstein May 2021 On April 2, the Securities & Exchange Commission approved New York Stock Exchange rule changes that will relax current requirements to obtain shareholder approval prior to certain equity issuances.
Third Circuit Holds Triangular Setoff Provisions Unenforceable in Bankruptcy By Daniel M. Pereira April 2021 Contracting parties should take note of a recent precedential opinion by the third circuit holding that contractual triangular setoff provisions are simply unenforceable in bankruptcy.