News

UPDATE on DHS STEM OPT Extension Rule

Earlier this month we alerted employers and foreign workers that a federal district court vacated the 2008 STEM optional practical training (OPT) rule, but stayed the vacatur until February 12, 2016 to allow DHS an opportunity to revise the rule Read the full article…

Southern Financial Group, LLC v. McFarland State Bank

Southern Financial Group, LLC v. McFarland State Bank Southern Financial Group (“SFG”) is a firm that specializes in purchasing distressed assets for investment.  SFG bought at auction a loan portfolio from McFarland State Bank (“McFarland”) which McFarland had previously acquired Read the full article…

How a Non-Recourse Loan can become a Recourse Loan

TITAN LEASING How a Non-Recourse Loan can become a Recourse Loan Simply stated, a non-recourse loan is an arrangement where the borrower pledges collateral as security for the loan, and the lender’s only recourse in the event of default by Read the full article…

Timing is Everything

IN RE: DUCKWORTH Timing is Everything Occasionally, lenders insert erroneous dates in loan documents.  Sometimes closing dates change and a reference to the wrong date of a promissory note in a security agreement makes its way into the executed document. Read the full article…

LLF’s Puneet Cham Sits Down With MeetAdvisors

Puneet Cham, Attorney at Latimer, LeVay, and Fyock sits down with MeetAdvisors to discuss Estate Planning.

H-1B Alert – Cap Season is Upon Us!!

H-1b Employment Authorization Cap SEASON IS APPROACHING!! OVERVIEW If you are an employer intending to sponsor H-1B employees currently in the U.S. in another status, or outside of the U.S., now is the time to begin the application process. The United Read the full article…

Immigration Reform Update

Yesterday President Obama announced a number of major policy changes related to immigration.  While much of the publicity on these possible “administrative fixes” has focused on relief from deportation for a portion of the undocumented population, particularly parents and relatives Read the full article…

Flooded Condo Owners Still Have to Pay – Illinois Case Law Update

Illinois Supreme Court reverses Spanish Court Two Condominium owners must pay assessments even if Board fails to maintain units. On March 20, 2014 the Illinois Supreme Court filed its opinion in the case of Spanish Court Two Condominium Association v. Read the full article…

H-1B

H-1b Employment Authorization Cap SEASON IS APPROACHING!! OVERVIEW H-1B employment authorization is one of the most common ways for companies to sponsor foreign nationals to work in the U.S.  This classification is for professionals employed in a “specialty occupation” or as Read the full article…

The End of DOMA

THE FALL OF DOMA AND THE RISE OF MARRIAGE EQUALITY IN ILLINOIS ESTATE PLANNING AND IMMIGRATION IMPLICATIONS FOR SAME-SEX COUPLES Overview On June 26, 2013, the Supreme Court issued a landmark decision regarding same-sex marriage which had and continues to Read the full article…