Although bitcoin’s meteoric rise in price and prominence has some people wondering if it’s a bubble, the Chicago Mercantile Exchange and CBOE Futures Exchange agreed to start trading in the digital currency in December. Just a few months later, the first criminal lawsuit over bitcoin was filed against a Chicago…
When the millionaire owner of a thriving business dies without a will, leaving only a wife and a child from a previous marriage to sort out his possessions, chances are things are going to get ugly. That’s exactly what they did in a recent case before the Illinois First District…
Family disputes can turn nasty, as can business disputes, but there are few things worse than business disputes between family members. Recently, Robert F. Tigani Jr. and his brother, Chris Tigani, filed a lawsuit against their father, Robert F. Tigani Sr., for allegedly abusing his position as trustee to divert…
Storms weather and can bring about the best and worst in people. When damage occurs, the test of resilience, character, friendship and trust are all evaluated. The process is not any easier when there is an Insurance company that one has to deal with and when there is the lurking…
Disputes are a normal part of any relationship: be it business, personal or professional. When business mixes with family, disputes would seem an unavoidable part of the deal. For such a reason, litigation would be a route that most would want to avoid due to cost, time and the tensions…
Although most he said/she said cases can be difficult, if not impossible, to prove which side is in the right, when hearing a case against a person for allegedly acting inappropriately, consideration can be given to how strongly the accuser appears to believe what they’re saying, rather than what actually…
If a new musical was a hit in places like Vienna, but can’t get the funding to start on Broadway, is it fair to assume it’s the fault of the producers or the publicist? Or is it just another case of bad luck in a notoriously difficult industry? Producers Ben…
The U.S. Court of Appeals for the District of Columbia Circuit recently put the kibosh on the proposed mega merger between health insurance giants Anthem, Inc. and Cigna Corporation, two of the nation’s four largest insurers. The court concluded that Anthem failed to show how proposed cost efficiencies would offset…
Getting taken to the cleaners by a dishonest employee or contractor is headache enough for any business, but having no fraud coverage insurance coverage is a world of hurt. Businesses are well advised to analyze their policies carefully to make sure they have proper coverage. In the case of an…
Stock options exercised by railroad employees are a form of monetary compensation taxable to the employer and employee under the Railroad Retirement Tax Act, according to the Seventh Circuit Court of Appeals (Wisconsin Central Ltd., et al. v. United States, No. 16‐3300 (7th Cir. 2017)). In 1996, three Midwestern railroad…