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Chicago Business Attorney Blog

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Chicago Business Attorney Blog: Chicago Business Attorney Blog — Published by Chicago, Illinois Business Attorneys — Bellas & Wachowski - Attorneys at Law

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Effective Date: January 1, 2026

The Illinois Receivership Act will take effect on January 1, 2026, transforming how courts, creditors, and distressed businesses handle asset protecti...

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The Federal Trade Commission (FTC) tried to ban non-compete agreements across the country. That sweeping ban is now effectively dead. A federal judge struck it down, and the FTC recen...

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Several new employment laws go into effect in September and will affect employers in every state.

Independent Contractors rules:

  • The US Department of Labor adopted a s...
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    Transfer on Death Instruments, or TODIs, have become a popular estate planning tool in Illinois. They allow real estate to pass directly to named beneficiaries when the prope...

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    Illinois may soon see a major update to its Small Estate Affidavit process. On June 20, 2025, the Illinois General Assembly passed Senate Bill 83 and sent it to the Governor for ...

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