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Articles Posted in Business

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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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Business Interruption Insurance and the COVID-19 Pandemic

What to do when your business is forced to close due to the CoronaVirus? Does your business insurance policy cover the lost business due to the pandemic?  Most businesses carry commercial property insurance, which often includes business income coverage provisions. Recent events have caused our Chicago area business clients to raise…

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Workplaces on Lockdown: How Should Employers Handle COVID-19?

As coronavirus puts workplaces and indeed whole states including Illinois into “shelter in place” mode, employers need to respond quickly and sensitively to a host of health-related issues that no one anticipated dealing with as recently as a few weeks ago. COVID-19 Pandemic and Employment Issues These questions apply less…

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After Health… Businesses Must Consider Legal & Economic Impacts of COVID-19

Did someone say force majeure? COVID-19 Pandemic and Force Majeure clauses According to Black’s Law Dictionary, force majeure is defined as “An event or effect that can be neither anticipated nor controlled.”   It is generally viewed as an unexpected event that prevents someone from doing or completing something that he…

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Is Your Business Prepared for the ‘Fourth Industrial Revolution’

If you’ve watched any of the Democratic presidential debates, you might have heard candidate and entrepreneur Andrew Yang – you know, the guy with the $1,000 per month guaranteed income plan – talk about something called the “Fourth Industrial Revolution.”   This is a recognition that technology is imploding and changing…

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Should Gun Carrying Customers Be Welcomed – or Banned?

Can a business ban guns from the business and workplace? If a customer walked into your retail business or professional office carrying a gun, would you be comfortable with that, or would it feel a little too much like the O.K. Corral? What if they were carrying their weapon openly?…

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Illinois Cannabis Laws and Property Ownership

Illinois Cannabis Laws create new issues for Property Owners Cannabis may be legal in Illinois after January 1, but it is still illegal under federal laws.  This will make for some interesting discrepancies in how the laws will be applied.  Federal law remains in direct conflict with the new Illinois…

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Chicago Business Lawyer answers the Question: Is Bitcoin the same as Blockchain?

George Bellas explains Blockchain Technology  What is bitcoin?   Is it the same as blockchain? The quick answer is that bitcoin is not the same as blockchain. “Bitcoin” is a form of cryptocurrency and “blockchain” is the concept technology that underlies it. The concept of a blockchain was first conceived in…

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What Illinois Employers Need to Know About the New Illinois Cannabis Laws

Legal Marijuana Shouldn’t Mean Dazed and Confused Workers! Starting on January 1 consumers will be able to buy marijuana for recreational use from licensed sellers.   Pot users will no longer need to worry about fines or jail time – but employees will need to pay attention to their employers’ policies…

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