Owning a home can be a long-term proposition, so it is not a surprise that older Americans are more likely than their younger peers to have paid off their mortgages. On average, 36% of owner occupied housing units in the United States do not have a mortgage, and for homeowners who are 65 and older, the…

You are cordially invited to a presentation at The Union League Club of Chicago on the day after Labor Day -May 28th, 2019 at 6PM- on the Power of Micro Finance Entrepreneurship.Micro-Finance lending is changing lives and empowering entrepreneurs in Developing Countries like never before. We will feature a presentation on micro-finance by Jeffrey L. Hartman. …

The DOL has issued its much-anticipated proposed rule on white-collar overtime exemptions under the Fair Labor Standards Act of 1938 (FLSA). This rule replaces the prior Obama-era rule that has been enjoined by a federal court judge since 2016.The DOL’s proposed rule increases the annual salary threshold employees must meet to qualify as “exempt” from…

The Illinois Biometric Privacy Act (BIPA) requires all Illinois companies to notify and obtain consent when collecting biometric information. In a new BIPA case, the Illinois Appellate Court found that employees of the Four Seasons Hotel in Chicago who had brought a class action suit against the hotel were not required to pursue arbitration as sought…