Commercial Banking, Collections, and Bankruptcy

The newsletter of the ISBA’s Commercial Banking, Collections, and Bankruptcy Section

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2023 Articles

Celsius Cryptocurrency Woes: Bad News for Those Whose Cryptocurrency Is Trapped in the Estate, Could Be Worse for Those Who Think They’ve Escaped By Ronald A. Spinner April 2023 A summary and analysis of In re Celsius Network LLC, et al.
The Creation of Artificial Intelligence and What We Actually Know About It By Judge Michael Chmiel, Judge E. Kenneth Wright, Jr., Edward Casmere, & Kajal Patel December 2023 In the midst of all the benefits that artificial intelligence provides at both the personal and professional level, we must stop to question how much we really know about it and how it functions.
Happy 2023 By Judge Michael Chmiel February 2023 An introduction to the issue from the editor.
Happy Holidays 2023 By Judge Michael Chmiel December 2023 An introduction to the issue from the editor.
Here Comes the Sun By Judge Michael Chmiel April 2023 An introduction to the issue from the editor.
If the Dress Fits, You Must Acquit: A Trial Lawyer’s Tale By Julia Jensen Smolka February 2023 A member of the section council shares a memorable case that went to trial.
Memorandum: Using AI to Resolve Small Claims Cases (and Changing/Adopting Ethics Rules to Reflect the Use of AI) By Judge Michael Chmiel December 2023 A memorandum encouraging the adoption of a Supreme Court Rule to help further address issues of artificial intelligence in the practice of law in Illinois.
Mitigation of Damages in Illinois Commercial Lease Disputes By R. Kymn Harp April 2023 An Illinois landlord under a commercial lease must take reasonable measures to mitigate damages, but only if mitigation of damages is required.
Obligations of a Dissolved Corporation Versus a Dissolved LLC By Douglas C. Giese February 2023 An overview of how Illinois law addresses the dissolution of different business entities.
Personal Injury Plaintiff Fails to Disclose Lawsuit in Chapter 13 Bankruptcy Petition By Robert Handley February 2023 A summary and analysis of Duniver v. Clark Material Handling Co., et al.
Proving an Arbitration Agreement Unconscionable: Difficult, But Not Impossible By Jay Schleppenbach April 2023 Avoiding arbitration on grounds of unconscionability remains a difficult task, but it is not impossible
Repair Service Providers and the Labor and Storage Lien (Small Amount) Act By Dominic G. Erbacci February 2023 The Illinois Labor and Storage Lien Act gives a business the right to sell an item at a public or private sale and keep the proceeds.
Report to President Shawn Kasserman – 9/27/23 December 2023 A report drafted by an ad hoc ISBA committee on artificial intelligence providing an overview of artificial intelligence in the practice of law and recommendations for the Association.
Update on the ISBA’s Diversity, Equity, Inclusion, and Accessibility Initiatives Regarding Disability and Disabled People By Patti Chang February 2023 Updates on the ISBA's diversity, equity, inclusion, and accessibility initiatives with respect to disability and disabled people.
The Use of Artificial Intelligence in Commercial Litigation By Judge Michael Chmiel April 2023 The use of artificial intelligence in the legal industry has been on the rise in recent years and has been particularly useful in commercial litigation.