
Specialty Chemicals
Specialty chemicals cater to a variety of industries, including textiles, ink additives, construction, oil & gas, cosmetics, and food. Like the broader chemical industry, the specialty chemical sector is highly regulated, with new guidelines imposed on an ongoing basis. These regulations are driving companies to innovate and seek more environmentally friendly solutions.
Our lawyers serving the manufacturing industry understand the challenges in this sector, and have advised specialty chemical companies on a range of issues. They negotiate your chemical purchases and supply agreements with major industry participants. They obtain your insurance coverage for environmental, product, and toxic tort liabilities. They even defend you in environmental punitive class actions and individual actions in federal and state courts. This team can also help evolve your company and its operations for the future.
Thought Leadership
On 10 March 2023, the financial world was rocked by the collapse of Silicon Valley Bank, a choice institution for tech startups and venture capitalists.
On 13 March 2023, Governor J.B. Pritzker signed the “Paid Leave for All Workers Act” (the Act), which guarantees that Illinois workers can earn or accrue up to 40 hours of paid leave per year that may be used for any reason.
Late last year, Congress enacted a sweeping set of new retirement savings rules. The SECURE 2.0 Act of 2022 (SECURE 2.0), included as part of the Consolidated Appropriations Act, 2023, builds on the significant retirement savings changes previously enacted by the original SECURE Act of 2019.
The FDIC put Silicon Valley Bank into receivership today, 10 March 2023, in what was the largest bank failure since the 2008 financial crisis - and the second largest bank failure in U.S. history. Our cross-practice team discuss the ramifications for depositors, borrowers, and others.