Chicago Business Attorney Blog

January 25, 2021

Small Business Second PPP Loans & Grants

Small Business Pandemic Survival Information

The $900 billion pandemic relief package included relief for Small Businesses. The updated programs are intended to make it easier for small business owners to apply and gain funds.

The Small Business Administration (“SBA”) approved $5 billion in new Paycheck Protection Program (“PPP”) loans on January 19 and expanded the network of lenders who can make the loans. At least $25 billion is being set aside for Second Draw PPP Loans to eligible borrowers with a maximum of 10 employees or for loans of $250,000 or less to eligible borrowers in low or moderate income neighborhoods. More info is available on the SBA Website here.

January 4, 2021

Preparing for 2021

by George Bellas

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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.

December 22, 2020

Employers Can Require a COVID Vaccine

by George Bellas

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.

December 13, 2020

Text Messaging Approved for Illinois Courts

by Bellas & Wachowski - Attorneys at Law

December 9.

The Illinois Supreme Court approved a new rule which authorizes any Illinois court to develop and use a text message notification system.

Amended Rule 14 is effective immediately and the full text of the rule can be viewed here.

December 6, 2020

CoronaVirus Pandemic FAQs for Business and Property Owners

by George Bellas

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

December 3, 2020

Will Virtual Online Transactions Become a Reality?

by George Bellas

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.

November 10, 2020

Digital Currency Gets Real

by George Bellas

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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.

November 3, 2020

Employers Need to Mask Up Against Lawsuits

by George Bellas

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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.

October 23, 2020

Illinois Requiring Employee Training on Sexual Harassment Prevention

by George Bellas

State Requires Sexual Harassment Prevention Training

If you’re a small business owner and you haven’t trained your employees on sexual harassment prevention, you have until December 31 to stay in compliance with Public Act 101-0221, which amended the Illinois Human Rights Act to require such training this year and every year hereafter.

This recent law mandated that the Illinois Department of Human Rights put together a model training program for sexual harassment prevention, which the department has made publicly available to employers online.

October 19, 2020

New Hoops for Landlords to Jump Through on Eviction Lawsuits

by George Bellas

Tenant Evictions

Updated October 19

Gov. J.B. Pritzker issued an executive order on October 16 extending the statewide moratorium on residential evictions for another 30 days. Pritzker first put a hold on residential evictions through an executive order on March 20, the same day he issued a statewide stay-at-home order in response to the COVID-19 pandemic