News about the Business Law Program or news about faculty or students that relates to business law
The SECURE 2.0 Act of 2022 included six major changes pertaining to current plan participants in retirement plans. In a new article published in The Elder Law Journal, Professor Richard Kaplan examines and analyzes each of those changes and how they address some of the deficiencies in the present tax-subsidized matrix of employer-provided retirement savings […]
Professor Richard Kaplan presented Modernizing Medicare for Extended Healthspans at the Conference on Law, Healthcare, and the Aging Brain and Body, Harvard Law School’s Petrie-Flom Center on June 9, 2025. This paper considered how the Medicare program is likely to be affected by the latest developments in medical science pertaining to the aging brain and body. […]
Bobby Mannis and Vindy Murthy, 2025 graduates, join the podcast to discuss their artificial intelligence-powered learning tool, NomosLearning. They share some background on how their education at Illinois inspired the building of this tool and how they came together to create a tool that all Illinois students can use. NomosLearning harnesses the power of AI […]
The Journal of Empirical Legal Studies has selected “Settlementality,” an article co-authored by Professors Jennifer Robbennolt, Verity Winship, and alumna Jessica Bregant, for publication. Slated to be published later this year, the article is meanwhile available at https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4773926. According to the authors, “Settlementality” breaks new ground by exploring how everyday people perceive the role of settlements in the legal […]
Professor Jeremy McClane’s article, “The Lost Promise of Private Ordering,” 109 Cornell L. Rev. 1-62 (2023), has been selected as one of the Top 10 Corporate and SecuritiesArticles of 2024 by the Corporate Practice Commentator. Academic teachers in the areas of corporate and securities law selected the winning articles from a list of over 300 […]
“It’ll just be a steady drip, drip, drip of companies trying to game the system and nickel and dime people via aggressive practices,” Professor Robert Lawless told the Illinois News Bureau about changes to the Consumer Financial Protection Bureau. He noted that laws preventing actions like those taken by banks preceding the subprime mortgage crisis […]
Tara Twomey’s tenure as executive director of the U.S. Trustee Program was recently terminated by the Trump administration, drawing criticism from Professor Robert Lawless. In a blog for Credit Slips, Lawless writes that “Under Twomey’s leadership the US Trustee Program did dozens of things that make the system work just a little bit better for […]
The American College of Bankruptcy has selected Joshua Livingston ’25 as the Seventh Circuit Distinguished Bankruptcy Law Student for 2025. Distinguished Bankruptcy Law Students are selected annually for each Circuit based on their academic excellence, professional accomplishments in bankruptcy or restructuring-related courses, passion for restructuring and insolvency, and commitment to public service and pro bono […]
When struggling with debt, many people delay filing for bankruptcy as long as possible; however, delaying may be more harmful than many realize. “People misunderstand bankruptcy and wait too long to see a bankruptcy lawyer. Most people would benefit by going earlier,” Professor Robert Lawless told CBS in a new article about the timing of […]
Research on overindebtedness and household incomes represents “low-hanging fruit,” according to Professor Robert Lawless. In a new article published in the Annual Review of Law and Social Science, he and his co-authors review current literature about who files bankruptcy, what causes bankruptcy, what happens in bankruptcy court, and what happens after cases conclude. They also […]