Articles on Commercial Law

Don’t Get Burnt in the Heat By Judge Michael J. Chmiel Commercial Banking, Collections, and Bankruptcy, July 2025 A note from Judge Michael J. Chmiel regarding the upcoming bar year. 
Statute of Limitations for Line of Credit Is 5 Years? By Kevin J. Stine Commercial Banking, Collections, and Bankruptcy, July 2025 In BMO Bank N.A. v. Zbroszczyk, the Illinois Appellate Court recently affirmed dismissal of a mortgage foreclosure action based on a revolving line of credit. 
Landlord’s lien issues: A trap for the uninformed and unmotivated By James R. Grebe Commercial Banking, Collections, and Bankruptcy, May 2002 Article 9 of the Illinois Uniform Commercial Code (810 ILCS 5/9-101, et seq.) (hereinafter referred to as "UCC") was revised in Year 2000. The revisions were effective July 1, 2001.

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