Illinois LLCs – The Asset Protection Advantage
Illinois LLCs – The Asset Protection Advantage A Technical Analysis Among sophisticated investors and other high-asset/high-net worth individuals and businesses, the topic of “asset protection” is bound to arise. As many became painfully aware during the…
Asset Protection – Lessons Learned
“The best time to plant a tree was twenty years ago. The second best time is today.” Chinese proverb For over 35 years, I have represented commercial real estate investors, developers and business…
Land Patent Defense is Frivolous, Sanctionable, and a Class 4 Felony in Illinois
The law is clear. The so-called “Land Patent” defense does NOT work. This is not earth shattering news, but it is a reminder that defenses to mortgage foreclosure actions must be well grounded in fact and warranted by existing law or a…
Dancing with Gorillas – Roulette – and CRE Litigation
The Time to Decide – Commercial Real Estate Litigation A sage once said, “The time to worry about where the ball will drop is before the wheel is spun”. He was speaking about roulette, of course, but the wisdom of these words has much broader…
ASSIGNMENTS OF RENTS – Lenders Beware!
“How can you have any pudding, if you don’t eat your meat?” Pink Floyd Assignments of Rents. Here’s a topic that doesn’t pop up in light conversation very often. Assignments of Rents. Virtually every commercial real estate financing includes…