Starting May 1, 2015, employers in Cook County will be subject to a new “Wage-Theft Ordinance” that could lead to employers incurring massive property tax liabilities, business license revocation, and debarment from county contracts. Under the ordinance, local employers will face harsh penalties if they admit guilt or liability or are “adjudicated” to be guilty or liable – in “any judicial or administrative proceeding” – of committing a “repeated or willful violation” of the Illinois…