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Much Shelist PC | USA | 7 Feb 2017

Developer-in-Chief: How the New U.S. President May Affect the Construction Industry

Even before the start of Donald J. Trump's presidential campaign, the Trump brand was in lights across the nation. From the original Trump Tower in…
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Much Shelist PC | USA | 7 Feb 2017

Letters of Intent: The How, Why and Why Not of Enforceability

A common form of agreement in the construction industry is the letter of intent. A letter of intent is essentially an agreement to agree. The parties…
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Much Shelist PC | USA | 10 Dec 2014

Today’s contracts enforceability issues, part II: those pesky forum selection clauses

This installment of our series on contract provisions that may not be enforceable focuses on clauses that require the parties to litigate or…
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Much Shelist PC | USA | 10 Dec 2014

Cyber and technology risk insurance for the construction sector

The recent, well-publicized retail store data breach controversies have spawned a number of lawsuits and insurance claims. Not surprisingly, insurers…
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Much Shelist PC | USA | 10 Dec 2014

IC-DISC tax benefits for design professionals working overseas

When you ask someone if they ever considered using an Interest-Charge Domestic International Sales Corporation (IC-DISC) they usually ask you to…
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Much Shelist PC | USA | 10 Dec 2014

“Additional insured”: are you really covered?

It is standard practice on any construction project: the general contractor requires its subcontractor to obtain certificates of insurance indicating…
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Much Shelist PC | USA | 10 Dec 2014

Two law revisions that affect property development

Recently, the Illinois legislature passed two new laws that could affect real estate development. One involves the ability of banks to seek to…
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Much Shelist PC | USA | 18 Nov 2014

2014 year-end estate planning: it’s time for a careful review

As 2014 comes to a close, now is the perfect time for careful planning to address the income, estate, gift and generation-skipping taxes that can…
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Much Shelist PC | USA | 13 Nov 2014

Cook County adopts new Class 7c real estate tax incentive for commercial property

The Cook County Board of Commissioners recently added a new incentive class to specifically benefit commercial property. The Class 7c Commercial…
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Much Shelist PC | USA | 2 Oct 2014

The Illinois Prevailing Wage Act can lead to costly liability

All companies receiving public funds, not just those in the construction industry, need to be aware of how the Illinois Department of Labor (IDOL) is…
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