Recently hit Amazon.com’s Best-Seller List with the new book, “Game Changers”

I proudly joined a select group of America’s leading entrepreneurs and businesspeople to collaborate and co-write the business and marketing book titled, Game Changers: The World’s Leading Entrepreneurs: How They’re Changing The Game, and You Can Too! The book was published by Nick Nanton, Esq., and business partner JW Dicks, Esq. under their CelebrityPress® imprint.

The book, Game Changers: The World’s Leading Entrepreneurs: How They’re Changing The Game, and You Can Too! was released on Thursday, November 18th and reached best-seller status in three Amazon.com categories: Communications, Direct Marketing and Entrepreneurship. The book reached #1 in the Direct Marketing category.

Game Changers: The World’s Leading Entrepreneurs: How They’re Changing The Game, and You Can Too! features anecdotes, business strategies and real-life solutions to many of the challenges faced by small and large businesses across the country, in a rapidly changing economy. I authored a chapter in the book titled, “Non-Binding Mediation: The Best Kept Secret in Alternative Dispute Resolutions.”

Game Changers is a collective MasterMind effort of leading entrepreneurs teaching their latest strategies to help you succeed in this new economy. Whether starting a business from scratch, or realigning your marketing and sales programs for established products and services, this book will teach you fresh and recently tested successful methods you need to know (and pitfalls to avoid). These methods are as different from those used by the baby boomer generation as the abacus is from the computer.

After such a successful release, I will be soon be inducted into The National Academy of Best-Selling Authors™, an organization that honors authors from many of the leading independent best-seller lists.

You can order a copy of the book, go to http://www.amazon.com/Game-Changers-Leading-Entrepreneurs-Changing/dp/0982908326/ref=sr_1_8?ie=UTF8&s=books&qid=1291044330&sr=1-8

Or send me a message requesting a complimentary copy.

NSF Check

I have been receiving a rush of inquiries regarding bad checks. This is a crime, but be aware there are also civil penalities for this crime.

Damages

If a person fails to pay amount of check within 30 days to payee after written notice is given that the check came back with insufficient funds, then that person is liable for amount owing on check, damages treble the amount so owing (no less than $100 and no more than $1,500), plus attorney fees and court costs. 720 ILCS 5/17-1a

Burden of Proof

To recover, plaintiff must prove (1) defendant delivered check to obtain personal property; (2) defendant knew at the time the account was insufficient; (3) defendant acted with the intent to defraud; and (4) defendant failed to pay on demand. Vetean Supply Co. v. Swaw, 192 Ill.App.3d 286 (1st Dist. 1989).

Responsibilities of the Investment Manager for Pension Boards, Custody Issues, and Rebalancing

A person is an “Investment Manager” with respect to a retirement system or pension fund under the Illinois Pension Code if such person:

1. is a fiduciary appointed by the board of trustees of a retirement system or pension fund in accordance with Section 1-109.1;
2. has the power to manage, acquire or dispose of any asset of the retirement system or pension fund;
3. is either –
a. registered as an Investment Advisor under the Investment Advisors Act of 1940;
b. a bank, as defined by that Act, or
c. an insurance company; and
4. has acknowledged in writing that he is a fiduciary with respect to the retirement system or pension fund.
5. the terms “Investment Manager” and “Investment Advisor” are used interchangeably.

The Investment Manager/Advisor/Broker with discretion over buying or selling securities for the fund may not be the custodian of the investment instruments.

Pension boards should review percentages quarterly for compliance with the Investment Policy. Funds with assets under $2.5 million are allowed 10% in separate accounts and/or mutual funds, which may not grow in excess of 10% provided that the contract has not been changed.

If market values do not exceed the allowable percentage then no rebalancing is required. Investment Policies of each fund should stipulate the percentage allowable in the various types of authorized investments.

Pension funds invested in separate accounts, mutual funds and/or individual stocks should calculate the market value of those funds to determine the percentage held vs. the allowable percentage under the law. Use the expertise of the Investment Manager to assist with this task. If the percentage exceeds the allowable amount, the fund must reduce the allowable percentage and document the reduction. The reduction as to which investments are sold is at the discretion of the pension board and applies only to the aggregate percentage. Documentation of the percentage calculations should be maintained at the pension fund.

New Law Practice in McHenry

Hello. My name is Genevieve M. Lynott. I am the owner and proprietor of the Law Office of Genevieve M. Lynott. I am a trial attorney and a mediator practicing out of McHenry Illinois who is here to help you. Since this is my first blog, I thought this would be a great opportunity to introduce myself. Read more