Director and Officer Liability

5th Circuit Sets Aside Nationwide CTA Injunction on December 23, 2024: Complete your Corporate Transparency Act filings before January 1, 2025!

5th Circuit Sets Aside Nationwide CTA Injunction on December 23, 2024: Complete your Corporate Transparency Act filings before January 1,…

3 weeks ago

FinCEN appeals nationwide Corporate Transparency Act Injunction: What is the impact on Community Associations?

FinCEN appeals nationwide Corporate Transparency Act Injunction: What is the impact on Community Associations? On December 3, 2024, a federal…

1 month ago

Federal Court halts Corporate Transparency Act Enforcement: What does it mean for Condos and Homeowners Associations?

Federal Court halts Corporate Transparency Act Enforcement: What does it mean for Condos and Homeowners Associations? The Corporate Transparency Act…

1 month ago

Seventh Circuit Court of Appeals Holds Community Association Not Liable for Discriminatory Remarks Made by Board President

Seventh Circuit Court of Appeals Holds Community Association Not Liable for Discriminatory Remarks Made by Board President Community associations are…

2 months ago

Effectively Using Fines to Enforce Illinois Condo & HOA Bylaws

Effectively Using Fines to Enforce Illinois Condo & HOA Bylaws Enforcing the governing documents plays a key role in successfully…

2 months ago

Federal Judge Rules Community Associations Must Comply With Corporate Transparency Act

Federal Judge Rules Community Associations Must Comply With Corporate Transparency Act As discussed in a prior article, the Community Associations…

2 months ago

Federal Court Rules that Corporate Transparency Act is likely Constitutional: Community Associations must comply by January 1, 2025 to avoid $10,000 in potential civil penalties

Federal Court Rules that Corporate Transparency Act is likely Constitutional: Community Associations must comply by January 1, 2025 to avoid…

3 months ago

765 ILCS 160/1-40: What Every Homeowners Association Needs to Know About Owner Meetings

765 ILCS 160/1-40: What Every Homeowners Association Needs to Know About Owner Meetings Community associations play a crucial role in…

3 months ago

765 ILCS/27: How to Amend an Illinois Condominium Declaration?

765 ILCS/27: How to Amend an Illinois Condominium Declaration? Given the ever-changing nature of the Illinois Condominium Property Act (the…

5 months ago

Federal Court rules that the Corporate Transparency Act is Unconstitutional: What does it mean for Community Associations?

Federal Court rules that the Corporate Transparency Act is Unconstitutional: What does it mean for Community Associations? On January 1,…

11 months ago