Author Archives: mboxerman

Nationwide Injunction Blocks Enforcement of the Corporate Transparency Act: What Business Owners Need to Know

Posted on December 4, 2024 by mboxerman

On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a preliminary injunction that halts enforcement of the Corporate Transparency Act (CTA) and its beneficial ownership information (BOI) reporting requirements. This decision, which directly impacts … Continue reading →

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Federal Court Blocks FTC’s Nationwide Noncompete Ban: What Employers Need to Know

Posted on November 8, 2024 by mboxerman

In a big win for employers, a Texas federal court has blocked the FTC’s proposed ban on non-compete agreements across the United States. This ruling means that employers can continue to use non-competes under state laws, at least for now. … Continue reading →

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Be Sure to Conduct Due Diligence Before Buying a Franchise

Posted on October 24, 2024 by mboxerman

So, you’re thinking about buying a franchise? Franchising can be a fantastic way to dive into business ownership, providing the security of an established brand and proven business model. Before you take the plunge, however, it’s crucial to do your … Continue reading →

Posted in FDD, Franchise, Franchise Agreement, Franchisee, Franchisor, Franchisor & Distributor Services | Leave a comment

Michael Boxerman Selected to Franchise & Dealership Super Lawyers List

Posted on January 25, 2024 by mboxerman

Michael Boxerman has been selected to the 2024 Illinois Super Lawyers list for Franchise & Dealership Lawyers. Each year, no more than five percent of the lawyers in the state are selected by the research team at Super Lawyers to … Continue reading →

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Enhancing Corporate Transparency: Corporate Transparency Act Takes Effect January 1st

Posted on December 27, 2023 by mboxerman

The Corporate Transparency Act (CTA) becomes effective on January 1, 2024. In an effort to reduce money laundering, the CTA requires “reporting companies” to disclose information about their “beneficial owners” to the US Department of Treasury Financial Crimes Enforcement Network … Continue reading →

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FTC Requests Public Comment for Potential Updates to Franchise Rule

Posted on April 28, 2023 by mboxerman

The Federal Trade Commission (FTC) has recently requested public comment on how franchisors exert control over their franchisees and their franchisee’s workers. The FTC’s aims to gather information on this issue and to potentially update the its Franchise Rule. In … Continue reading →

Posted in Franchise, Franchisee, Franchisor, Franchisor & Distributor Services, Joint Employer | Leave a comment

NY Times Article Highlights Tension Between Franchisors and Franchisees

Posted on April 21, 2023 by mboxerman

The New York Times recently released an article highlighting rising tensions between franchisors and franchisees. According to the article, the Government Accountability Office released a report that support’s franchisee’s claims that they are being pushed out of profits generated by … Continue reading →

Posted in Business and Corporate, Franchise, Franchisee, Franchisor, Franchisor & Distributor Services, Uncategorized | Leave a comment

Illinois Paid Leave Act Will Require Illinois Employers To Provide Paid Leave Beginning January 1, 2024

Posted on March 29, 2023 by mboxerman

Beginning on January 1, 2024, the Illinois Paid Leave Act (PLA) will require Illinois employers with more than 50 employees to provide paid leave to employees, which the employees may use “for any reason of the employee’s choosing.” Under the … Continue reading →

Posted in Business and Corporate, Employment, Franchisee, Franchisor, Minimum Wage, Wages | Leave a comment

Employee Retention Tax Credit May Provide Significant Pandemic-Related Tax Credits

Posted on April 8, 2021 by mboxerman

PPP Loans are not the only relief the federal government is offering to businesses adversely affected by the pandemic. Under the CARES Act and Coronavirus Response and Relief Supplemental Appropriations Act, employers may qualify for Employee Retention Credits (“ERC”) of … Continue reading →

Posted in Employment, Franchise, Franchisee, Tax, Uncategorized | Leave a comment

Illinois Employers Must Provide
Sexual Harassment Training By December 31, 2020

Posted on December 2, 2020 by mboxerman

On January 1, 2021, an amendment to the Illinois Human Rights Act takes effect, requiring all Illinois employers to provide sexual harassment training to employees. Restaurants and bars will be subject to additional, industry-specific mandates in the new year, which … Continue reading →

Posted in Anti-Harassment, Business and Corporate, Employee Handbook, Employment, Illinois Human Rights Act, Restaurant, Time's Up | Leave a comment