CHICAGO: 312 332 7555 SCHAUMBURG: 847 705 7555
Steven A. Migala
I am one of the shareholders of Lavelle Law, Ltd. and am an experienced business attorney practicing in the following areas:
1. Corporate / M&A:
I counsel business organizations in all stages of their life cycle, from start-up issues, contract negotiation and documentation, assets and equity sales/purchases, and mergers and joint ventures.
2. Banking:
I represent banks and borrowers in commercial lending and workout matters, including negotiating and documenting a variety of loans and forbearance agreements, as well as handling foreclosures and other collection actions.
3. Real Property:
I represent sellers, buyers, landlords, and tenants with acquisitions, dispositions and leasing of real estate, as well as with related municipal zoning matters.
4. Estate Planning:
I assist business owners with their succession planning and exit strategy, as well as their estate plans, probate, and trust administration.
Education
- J.D., magna cum laude, University of Illinois College of Law
- B.S., summa cum laude, Bradley University, Finance
Bar Certifications
- Admitted to the Bar of the Illinois Supreme Court
- Admitted to U.S. District Court, Northern District of Illinois
Bar Association Memberships
- Illinois State Bar Association
- Chicago Bar Association, Former Chair of the Corporation and Business Law Committee
Awards and Recognition
- 2016 Businessperson of the Year, Streamwood Chamber of Commerce
Publications
- Featured contributor to the Crain’s Chicago Business Roundtable, M&A Trends, August 17, 2020
- Author of “Banking and Business Monthly,” a series of articles that examine current banking and business topics. (If you would like to receive the e-newsletter, please email me at smigala@lavellelaw.com)
- I.R.C. § 6050I & The Attorney-Client Privilege: The Misplaced Emphasis on Incrimination Over Confidentiality, 1996 U. ILL. L. REV. 509 (1996), reprinted in THE MONTHLY DIGEST OF TAX ARTICLES (Sept. 1996) at 28, and cited in 152 A.L.R. FED. 459 (1999).
Media
Exit Planning for Business Owners, 2014 Good Morning Schaumburg Presentation, Schaumburg Business Association
Mr. Migala is a contributor to our podcast series “Chicago’s Legal Latte” which can be found on BlogTalk Radio http://www.blogtalkradio.com/lavellelaw
Community Involvement
Mr. Migala serves on the Planning and Zoning Commission in the City of Elgin and is a member of the Board of Directors for the Elgin Area Chamber of Commerce. Steve previously served as a Commissioner on the Village of Streamwood's Planning and Zoning Board. He is a former President of the Chicago Area Bradley Alumni Chapter.
Read My Posts
Lavelle Law News and Events
In a significant ruling by the Delaware Court of Chancery, specific terms within a stockholder agreement were invalidated. Presided over by Vice Chancellor J. Travis Laster, the case of West Palm Beach Firefighters’ Pension Fund v. Moelis & Co., No. 2023-0309-JTL (Del. Ch. Feb. 23, 2024), scrutinized the limitations imposed on the board of directors’ authority by a stockholder agreement under the Delaware General Corporation Law (“DGCL”). This decision challenges the conventional structuring of stockholder agreements involving a controlling stockholder.
The Consumer Financial Protection Bureau (“CFPB”) announced a regulatory amendment on March 5, 2024, targeting credit card late fees, a significant move poised to alter the financial landscape for both consumers and credit card issuers. Under this new rule, the maximum allowable late fee chargeable by large credit card issuers is significantly reduced to $8. This decision follows a proposal released in March 2023 and will take effect 60 days after publication in the Federal Register.
FTC’s Revised Hart-Scott-Rodino Filing Thresholds, Filing Fee Schedule, and an Increased Civil Penalty for M&A Transactions
STAY UP TO DATE
Subscribe to our newsletter
OUR LOCATIONS
Phone: 312 332 7555
Fax: 312 332 4611
Fax: 847 705 9960
Created by Olive + Ash.
Managed by Olive Street Design. 