Section Newsletters

Articles on Collections and Bankruptcy

Central District Local Bankruptcy Rules Become Effective October 1, 2024 By Sumner Bourne Commercial Banking, Collections, and Bankruptcy, October 2024 In February 2024, the bankruptcy court for the Central District of Illinois announced that it would begin the local rules process -- for the first time in its history. The court issued draft proposed rules with a public comment period that expired February 29, 2024. The authorization for local rules and authority of the bankruptcy court was approved by order of the district court on September 5, 2024.
Supreme Court Clarifies That Courts Must Stay Rather than Dismiss Cases Referred to Arbitration By Stephen I. Lane Commercial Banking, Collections, and Bankruptcy, October 2024 In Smith v. Spizzirri, a court cannot deny a party's request for a stay pending arbitration and dismiss the case. Section 3 of the FAA compels the court to issue a stay.
Update on Artificial Intelligence in the Illinois Courts By Hon. Michael J. Chmiel Commercial Banking, Collections, and Bankruptcy, October 2024 To some extent, the fury involved with Artificial Intelligence has slowed, but be advised AI continues to evolve and impact the fray of legal practice in Illinois and beyond.
Welcome to the Fall of 2024 By Hon. Michael J. Chmiel Commercial Banking, Collections, and Bankruptcy, October 2024 A note from the editor. 
What Is the Judicial Performance Evaluation Program?: Insights From a Facilitator By Mitchell L. Hoffman Commercial Banking, Collections, and Bankruptcy, October 2024 Under the Illinois Supreme Court program for mandatory judicial evaluation, judges are confidentially evaluated by the attorneys who appear before them and the court staff who serve in their courtrooms

Select a Different Subject