Corporate & Commercial

PRE-ORDER Essential guide for the Illinois practitioner who represents closely held corporations, partnerships, or limited liability companies.

PRE-ORDER This title provides an overview of title insurance and the title insurance industry, as well as an in-depth analysis of issues that arise during the title process.

PRE-ORDER The essential guide for attorneys dealing with bankruptcy or collections issues.

Gain a working knowledge of the federal guidelines that govern the use of endorsements and testimonials in social media marketing.

This handbook is an essential guide covering an extensive variety of commercial landlord-tenant issues.

This medium-level program will address drafting operating agreements and how to avoid common pitfalls.

This handbook guides attorneys through the process of creating, formatting, and modifying contracts.

When should a nonprofit cease its operations, and what are the key accompanying legal considerations for practitioners and their clients? Learn about voluntary, administrative, and judicial dissolutions, and why a voluntary dissolution may often be preferable. Learn how best to protect individual nonprofit leaders from potential individual liability, along with other tips and guidance for guiding clients well through potential challenges arising from related nonprofit corporate and tax-exempt requirements.

Nonprofit Transitions – Mergers, Asset Transfers, and Other Pivotal Corporate Transitions
Corporate mergers and their legal kin, namely asset transfers and consolidations, sound like business concepts, but they bear enormous potential significance for nonprofit organizations. Nonprofits can use these corporate transitions as powerful strategic options for combining and leveraging shared visions and resources. This session covers the basics of nonprofit mergers, consolidations, and asset transfers to help nonprofit leaders determine when such key transitions might be a viable option – along with how best to accomplish each transitional process.

How are nonprofit real estate transactions similar to but different from commercial transactions? To what extent may property tax exemption be available? This session addresses buying, selling, or donating real estate within the nonprofit context, including corporate authorization required for such transaction, potential conflict of interest implications, and related tax and risk management aspects. Additionally, this session will explain legal qualification for religious, educational, and charitable property tax exemption – particularly how it differs from Section 501(c)(3) tax-exempt status, why all the details really matter, and how best to show that fee revenues do not violate the “view to profit” disqualification. Learn how to best structure facility usage arrangements in requisite non-commercial ways, to maximally protect property tax exemption.

How can nonprofits best guard their Section 501(c)(3) tax-exempt status? What activities may they engage in, and what are potential operational problems? This session addresses key legal compliance aspects along with related do’s and don’ts such as prohibited and restricted politically related activities, private benefit and inurement, potential penalties and revocation issues, applicability and calculation of the requisite “public support” test, additional “unrelated business income taxation” issues, and optimal IRS Form 990 information return reporting in connection with these tax-related areas.

Attorneys who accept the honor and responsibility of nonprofit board participation likely will face a wide variety of expectations about one’s skills, expertise, and ability to contribute meaningfully. This session will help attendees to successfully meet these expectations through addressing directors’ fiduciary duties, understanding related ethical dimensions, and then applying such principles to responsibilities including attorney competence, diligent representation, confidentiality, organizational and other communications, and pro bono service.