Below is a summary of activities of this section from July 1, 2022 through June 30, 2023. While past activity is no guarantee of future activity, it may give a idea of what to expect this year.
Continuing Legal Education
Section members receive discounts on section-sponsored CLE programs. During the 2022–23 bar year, the Section sponsored the following programs:
ISBA Central Discussions
ISBA Central communities allows section members to pose questions, answer questions, and share information with fellow section members. Members of the section get free access to the section’s community. Joining any section also grants you access to the Transactional and Litigation communities. Below are the total number of discussion posts during the 2022–23 bar year.
Commercial Banking, Collections, and Bankruptcy
- Community members: 643
- Total discussion posts: 37
- Community members: 25,498
- Total discussion posts: 582
- Community members: 25,497
- Total discussion posts: 1,794
The Section Council reviewed 25 bills that may affect their members’ practice area. Highlights of the most recent legislative session include:
- Senate Bill 328 amends the Automatic Contract Renewal Act to make it more definitive and clearer on what is required under the “automatic renewal offer terms.”
- House Bill 3314 creates the Consumer Contract Reciprocal Attorney’s Fees Act. If a consumer contract allows for the recovery of attorney’s fees in an action brought by a “commercial party,” the court may award reasonable attorney’s fees to the defendant if he or she prevails in the action. Exemptions include if the commercial party doesn’t request attorney’s fees in its complaint or each party to the consumer contract was represented by counsel in the negotiation of the consumer contract.