Articles Tagged with best illinois attorney

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Many transactions conducted on the blockchain utilize smart contracts. Many of these agreements are based in code only, while others—called ancillary smart contracts—are paired with written text contracts.

There are, of course, many issues to take into account when it comes to negotiating, designing, coding, and enacting smart contracts. Legal issues in particular can be especially challenging to manage, with more complex agreements creating difficulties for the parties involved.

Is a Smart Contract Enforceable?

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The potential for large returns makes venture capital investing an attractive option, but it’s also a high-risk endeavor. Those risks include legal matters such as contract negotiations and regulatory compliance. Mitigating those risks is key to making sure your investments pay off, whether you’re operating as part of a firm or investing your own funds.

Following are four legal tips to consider in the course of venture capital investing.

1. Do Your Due Diligence

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The Illinois Workers’ Compensation Commission (IWCC) is a government organization that handles workers’ comp claims within the state. Their main duties are to oversee workers’ compensation and resolve disputes between injured workers and their employers. If you file a workers’ compensation claim and it’s denied, there’s a good chance you’ll have to deal with the IWCC in order to secure benefits.

What Does the IWCC Do?

The IWCC oversees workers’ compensation in the state of Illinois. Largely, that involves overseeing claims and hearing disputes between workers and employers. They make rulings on whether workers are to be paid benefits or not, and as a result, create case law that can be referenced in future cases.

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If you are planning to buy or develop land, it’s important to be aware of the various land use laws that may apply to it. These laws include easements, zoning laws, and eminent domain, and they can impact what you can do with a given piece of property.

In this article, we’ll explain the difference between each of these types of land use laws and how they can impact your plans for a plot of real estate.

Easements

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Dealing with a work injury is never easy. Not only do you have the pain to deal with, but there’s also the possibility of missing hours from work and coping with costly medical bills. For this reason, you’ll need to make sure you secure workers’ compensation coverage from your employer, and that often requires the assistance of an attorney.

When it comes to deciding whether you need a lawyer for your workers’ compensation claim, you’ll be best served with an attorney at your side in most instances.

Instances Where a Workers’ Compensation Lawyer Is Necessary

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The Illinois Equal Pay Act (EPA) of 2003 prohibits unequal wages between men and women for performing substantially similar work. Compliance with the Illinois EPA is essential to keeping liability to a minimum.

What Is the Illinois Equal Pay Act?

The Illinois Equal Pay Act requires employers to pay male and female employees the same amount for the same job. Any disparities in pay should be based on factors other than gender, such as:

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Some real estate contracts may include a right of first refusal (ROFR). ROFR grants an interested party—such as a potential home buyer or a company leasing commercial space—the right to be considered to lease or purchase a property before anyone else. It has a number of ramifications for buyers, sellers, and renters, both positive and negative.

Right of First Refusal in Real Estate

When a party has right of first refusal to a piece of property, the owner of that property must give them an opportunity to purchase or lease it before considering other offers.

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In Illinois, you are entitled to compensation for any work injuries you sustain, regardless of fault and with very few exceptions. It’s your employer’s duty to pay workers’ compensation benefits, but in some cases, they may refuse to do so. While there are instances where they are within their rights to deny benefits, refusal to pay workers’ comp is generally illegal.

In this article, we’ll discuss some of the reasons why an employer might refuse to pay workers’ compensation and what can happen as a result.

Reasons Workers’ Comp Claims Are Denied

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Some work injuries are so severe that they leave individuals permanently disabled. Those disabilities may limit the kind of work they can perform in the future, which means a job change may be necessary. As such, Illinois workers’ compensation will cover vocational rehabilitation when it becomes necessary.

Here, we’ll discuss what vocational rehabilitation entails, employers’ responsibility with respect to VR, and how you can secure coverage for your rehabilitation after a work accident.

What Is Vocational Rehabilitation?

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Under Illinois law, homeowners have protections in place to prevent the loss of their primary residence when creditors collect on debts. The Illinois homestead exemption allows homeowners to exempt up to $15,000 of equity ($30,000 for married couples) from collection attempts from creditors, potentially preventing the seizure, foreclosure, and sale of their home.

The Illinois Homestead Exemption

When collecting on debts from individuals, one option to satisfy those debts is their real estate, such as a house or condo. This is especially true if they have used this property as collateral, such as in a mortgage. In those cases, it’s typical to seize the home and sell it to recoup losses.

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