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Articles Posted in Bellas and Wachowski Law Firm

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Going Through a Divorce? Don’t Forget to Disinherit Your Soon-to-be Ex

Guest Blogger: Attorney Tracy Ries For parents going through a divorce, the right-now priority is to retain matrimonial attorneys to negotiate or litigate a plan to divide up assets, determine alimony and child support payments, and haggle over children’s residency and visitation schedules. And it’s understandable that’s the top focus…

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Are Smart Contracts Smart for Your Business?

Aret Smart Contracts Smart? Imagine if the paper on which your business’ contracts are written could somehow come to life and automatically send payments to your collectors—and receive payments from your debtors—at the appropriate times, as different provisions of said contract are triggered. That’s more or less how electronic smart…

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Who will regulate AI?

If the robots start taking over, you can’t necessarily expect the government to protect you. That isn’t to say the public sector isn’t paying attention.  President Biden and Vice President Harris met recently with CEO’s of Microsoft, Alphabet Google’s and other leading artificial intelligence companies and pushed the message that…

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Looking ahead to 2023

2023 Business Outlook 2022 started out with the hope of a recovery from the pandemic but ended with a recession.  With the advent of 2023 we are left to ponder on what is ahead for businesses in 2023. It’s the Recession, Stupid:   The war in Ukraine has affected the world…

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Buyer of Nontraditional Legal Services Beware

Buyer of Nontraditional Legal Services, Beware All kinds of business forms are offered online, and many of them for free.  Stand-alone paralegal services are offering various sorts of assistance to small businesses for significantly less than lawyers generally charge.  Accounting and bookkeeping services that organize businesses are increasingly positioning themselves…

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Electronic Will Signing, Remote Witnessing Made Permanently Available

Wills Can Be Signed Electronically Prior to the COVID-19 pandemic, wills needed to be signed in person and witnesses (including notaries) needed to be on hand to see the will creator’s actually sign the will. When the pandemic got underway, Illinois Governor Pritzker signed an Emergency Order declaring that for…

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Starting a Business: What Can Your Law Firm Do for You?

Attorneys Misty Cygan and Geo Bellas can help your get business off to a good start. We’ve run a series of posts recently about the steps involved in launching a business.  These have covered issues like deciding what type of business you want to start and what your business model…

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Businesses Should Re-examine Cyber Insurance Coverage due to COVID-19

Cyber Security Insurance UPDATED AUGUST 23, 2020 –  A federal judge in Kansas has ruled that three Missouri restaurants can proceed with their claims against Cincinnati Insurance Company alleging that the policies also covered “physical loss,” which the insurers failed to define in the policies.  The insurance company’s argument is…

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Is an E-Signature valid in Illinois?

As Chicago area business litigation lawyers this is a question we frequently are asked. Electronic Signatures are Enforceable under Illinois Laws.  E-Signatures are permissible and valid in Illinois under the Illinois Electronic Commerce Security Act (the ECSA). Under the ECSA e-signatures can be used for all contracts except for real…

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Financial Assistance to Small Businesses in the COVID-19 Pandemic

SBA Loans to Small Businesses affected by the COVID-19 Pandemic. THERE IS FINANCIAL ASSISTANCE AVAILABLE TO SMALL BUSINESS OWNERS. Practically every small business is feeling the financial impact of the COVID-19 pandemic sweeping the world.   The restaurant and hospitality industries have been hit the hardest, but every business has seen…

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