First and foremost, we hope that you are all healthy and safe. Please be assured that during this unprecedented time, Winick & Gallaher, PC, remains open and available to assist you. We have successfully and securely migrated our client files and business records so that we are all able to work remotely.
As the government struggles to address the economic consequences of this pandemic, we are monitoring all of the emergency legislation. We will continue to update you as to the impact this legislation will have on you and your employees. In addition, having worked through the 2008 recession, we have experience negotiating forbearance agreements as well as modifying agreements to address emergency situations. Feel free to call if you have concerns about any of your documents. We would be happy to strategize with you to minimize the disruption to your business during this time.
As you may know, the Federal and County courts have been closed until further notice. However, since the State of Illinois requires all court filings to be completed by e-filing, we believe that we must still comply with all filing requirements mandated by prior court order. We continue to comply with these court orders.
With respect to real estate transactions, Chicago Title has determined that it is a financial institution and therefore is continuing to operate. Closings will continue to move forward remotely. As a result, we are proceeding with all real estate transactions.
A number of clients have asked about estate planning. Estate planning is one of those items that everyone understands to be important, and intend to work on. But given the hectic nature of our daily lives, we never seem to be able to get it done. A period of “self-distancing” could be the perfect time to take care of your estate plan. We would be happy to arrange a video conference with you to help with your estate plan.
We are still processing all corporate and limited liability company annual reports to ensure that all businesses under our legal care remain in good standing.
I am not sure what “business as usual” means right now. But rest assured our entire law firm is committed to ensuring that you receive the legal advice and counsel that you need during these trying times. Our office phone is being forwarded directly to us, so we will answer your calls promptly.
God bless and stay healthy and safe.
Kevin M. Gallaher, Principal
Winick & Gallaher
