News

Ground Leases Offer Potential Benefits for both Tenants and Landowners
Ground leases have recently become more common in the commercial real estate sector. A ground lease is an agreement between a landowner and a tenant…
Novack and Macey to Sponsor the Pro Bono Network's Annual Fundraiser on June 9, 2022
Novack and Macey to Sponsor the Pro Bono Network's Annual Fundraiser on June 9, 2022…
Chambers and Partners USA Names Novack and Macey, Stephen Novack, and Eric Macey in its 2022 Rankings
Chambers and Partners USA Names Novack and Macey, Stephen Novack, and Eric Macey in its 2022 Rankings…

How LLC Owners Can Avoid Personal Liability in Illinois
Many business owners establish their firm as a limited liability company (LLC) to shield themselves from personal liability in the event the company is sued.…

Best Practices to Preserve the Family Relationship when Transferring a Business to the Next Generation
Disagreements are inevitable in family-run businesses. Family members are not going to agree on everything, and depending on many factors, conflicts can escalate to the point where they threaten both the business and the family relationship.…

Novack and Macey Attorneys Obtain Appellate Court Victory for the Union League Club of Chicago
Novack and Macey Attorneys Obtain Appellate Court Victory for the Union League Club of Chicago …
Novack and Macey Participated in the Beverly Breast Cancer Walk
Novack and Macey Participated in the Beverly Breast Cancer Walk…

SCOTUS to Hear Case that Could Broaden Jurisdictions Where Businesses Could Be Sued
The U.S. Supreme Court decided last week that it will consider a Pennsylvania case concerning whether state courts can exercise jurisdiction over companies simply because they are registered to do business in the state.…

Balancing Privacy and Security Needs in Real Estate Properties
Multi-residence, office and mixed-used commercial buildings often have “smart access” security systems in place to verify the identity of residents and employees who enter the facility and sections within.…

How the Revitalizing Downtowns Act Could Impact Illinois Real Estate Companies
The telecommuting trend sparked by the pandemic has depressed demand for downtown office space in Chicago and other cities.…