Integration Clause Bars Trader’s Commission Claims Against Financial Firm

Integration clauses – also called “merger” clauses – are staples of commercial contracts in diffuse business settings.  The Northern District of Illinois recently found that an integration clause in a compensation agreement defeated a futures trader’s claims for unpaid commissions in Colagrossi v. UBS Securities, LLC, 2014 WL 2515131 (N.D.Ill. 2014). The plaintiff alleged that in 2005, he …

Illinois Wage Payment Act Doesn’t Apply to Future Payments – Ill. 1st Dist.

It’s likely a sign of the economic times that there seems to be an uptick* in published cases involving the Illinois Wage Payment and Collection Act, 820 ILCS 115/1 (IWPCA). The IWPCA offers a powerful remedy for unpaid wages allowing a separated employee to recover money damages from his ex-employer.  Specifically, the IWPCA plaintiff can …