COVID-19 UPDATE from Bellas & Wachowski

Articles Posted in Small Business

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COVID Rules for Residential Evictions

UPDATED APRIL 7, 2021

The Illinois Supreme Court issued an order this week creating stronger protection for tenants in need of rent relief due to the pandemic and making it more difficult for landlord to obtain an eviciton.

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Pandemic Relief for Restaurants

Smaller restaurants and bars soon will have a new opportunity for pandemic-related relief when the U.S. Small Business Administration posts the application for the new Restaurant Revitalization Fund, a program created as part of the American Rescue Plan Act of 2021 signed by President Biden on March 11.

As of this posting, the application had not been made available; however, those eligible should keep checking this page or watching out for announcements and be ready to pounce.

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How to Determine Your Workplace Vaccination Policy

As COVID-19 vaccines begin to become available for working-age people—first for those in healthcare, then those in other “frontline” occupations, then for those at risk due to medical conditions, and finally for the general 18-to-64 population—can employers implement mandatory vaccination policies?

In general, the answer is yes, according to the Equal Opportunity Employment Commission, although employers need to be careful on a number of fronts, starting with ensuring that the way they craft their policy does not run afoul of the Americans with Disabilities Act.

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CTA – Federal Reporting Requirements for Small Business

The paper work for many small businesses will be increasing.

Many small businesses with 20 or fewer employees and $5 million or less in gross receipts or sales will be subject to new federal reporting requirements under the Corporate Transparency Act (“CTA”), a section of the National Defense Authorization Act enacted on January 1. This will include both those formed in the U.S., whether through a state or an Indian nation, as well as those formed outside the U.S. but registered to do business here.

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How to Prepare for 2021

Wow, 2020 was a year to forget! I hesitate to say it was interesting because it was not. It was more like a nightmare as we coped with a public health crisis, an economic crisis, a political crisis, and a civil rights crisis. Let’s put 2020 in a lead box and drop it in the deepest part of the ocean!

Unfortunately, the pandemic has forced a number of businesses to close. Some businesses have actually thrived and others have adapted and are working diligently to succeed. Mostly, it has altered how businesses operate and tested our resilience. Some people have learned that working remotely is a viable alternative, while others have found themselves struggling to survive in a world which places demands on the use of technology to survive.

George Bellas Chicago Business Lawyer George Bellas answers questions for business owners.

Employees can be required to vaccinate.

The federal government has stated that workers can be barred from work if they refuse the vaccine.  Employers can make a COVID vaccination a condition of employment.  But, employers must also consider exemptions for employees with disabilities or religious objections.

After a long delay in getting guidance to employers, on December 16, 2020, the Equal Employment Opportunity Commission (“EEOC”) – this is the agency that enforces laws against workplace discrimination – provided the answer to whether employers can require employees to provide proof of vaccination and how employers should respond to employees who indicate that they cannot get vaccinated because of a disability.

Chicago Business Lawyer George Bellas answers questions for business owners.
Updated December 7

The Chicago area and Illinois business owners are facing a number of challenges and the CoronaVirus pandemic is threatening the continued viability of their business.   Here are some of the more frequently questions asked by business owners.

  • Residential Evictions can proceed under certain conditions

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Are virtual business transactions the new reality?

Once consummated in title company conference rooms amid seemingly bottomless stacks of paper, real estate transactions—like seemingly every other aspect of our lives—have gone virtual during the pandemic.

While some home buyers opt to continue in-person closings where possible, others are either giving their attorneys the power to ink final documents for them, or turning to software like DocuSign, with which increasing numbers of customers have become comfortable.

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           Crypto economy has arrived.

An actual physical bank will soon be providing the full slate of deposit-taking, custody and fiduciary services for cryptocurrency such as bitcoin.

The Cheyenne, Wyoming-based Kraken Financial on September 16 became the first digital asset firm in the U.S. to obtain a federal- and state-recognized bank charter and thus will be regulated very similarly to other American banks. Although the institution will have a physical office in Cheyenne, the plan is to emphasize online and mobile banking, with customer support on call 24/7/365.

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Employers Need to Mask Up Against Lawsuits

Small businesses face a dizzying swirl of regulations from different levels of government about whether patrons and employees are required to wear masks during the pandemic, as well as whether employers are required to either purchase masks for employees or reimburse them for reasonable costs.

The scenario becomes more fraught given the emergence of class-action litigation even when businesses are complying with the mandates and guidelines from the federal, state and local authorities. Going forward, small businesses need to strike a delicate balance between accommodating customers in their public spaces while doing right by their employees, whose priorities are not always the same but should be considered.