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The FDIC recently extended its Transaction Account Guarantee Program through June 30, 2010. The opt-out deadline for this extension is November 2, 2009. Click below for an Executive Summary that describes the fee increases and new disclosure requirements associated with the extension of the program. Members of the firm's Financial Institutions Group are available for any questions you might have.
Chicago Lawyer Magazine
Jessica Perez Simmons is featured in Chicago Lawyer magazine's annual Diversity issue (July 2009).
July 2009
This Client Action Alert describes a recent Tax Court decision that may create tax benefits for entrepreneurs and other investors in limited liability companies (LLCs) and limited liability partnerships (LLPs).
The Stimulus Bill signed February 17, 2009 by President Obama contains several retroactive executive compensation restrictions for participants in all TARP programs, including the Capital Purchase Program (the "CPP").
An update on the latest legal developments regarding the FDIC's Temporary Liquidity Guarantee Program, as well as some important and time-sensitive compliance reminders that may impact bank operations.
Peter Barack Featured as a Leading Lawyer
Leading Lawyers Network Magazine
Peter Barack, senior partner and a founder of Barack Ferrazzano Kirschbaum & Nagelberg, was recently recognized by Leading Lawyers Network Magazine for his successful career and contributions to the practice of law.
January 2009
The official deadline to file an Election Form under the FDIC's Temporary Liquidity Guarantee Program was Friday, December 5, 2008, but many institutions can amend their elections by meeting certain upcoming deadlines.
The deadline to decide whether to continue to participate in or opt out of the FDIC's Temporary Liquidity Guarantee Program is December 5. This Client Alert contains important reminders and significant new developments released by the FDIC yesterday.
Client Action Alert - FDIC Temporary Liquidity Guarantee Program Follow-Up
November 4, 2008
November 28, 2007