Bankruptcy law update

The U.S. Bankruptcy court for the Northern District of Illinois ruled in the case of City of Chicago v. Norman Paul Wexler, 12 A 338, that the Chapter 7 trustee could not intervene in the adversary proceeding filed by the City of Chicago against the debtor, Norman... read more

Contract law update

In Gerard Kenny v. Kenny Industries, 2012 IL App (1st) 111782, the Court ruled that members of a share purchase agreement cannot assign a debt owed to them arising out of one cause of action to use as a set off against a judgment in another cause of action because the... read more

Foreclosure suit upheld

In Aurora Loan Services v. Pajor, 2012 Ill.App3d 110899, the Appelate court upheld a denial of defendant’s 2-1401 motion to vacate a foreclosure judgment because 1) there were no new facts not already in the record on appeal which necessitated the motion and 2)... read more

Bankruptcy Law update

In re: Leroy Williams concerned the ability of a creditor to collect on collateral which is also redeemable by the debtor. It involved the case of a debtor who filed a Chapter 13 action and whose corporation once owned buses which were held as collateral for the... read more

Limits Placed on Illinois Anti-SLAPP statute

In Sandholm v.Keckler, 943 N.E.2d 1109, 239 Ill.2d 589 the Illinois Supreme Court ruled that the Citizen Participation Act (735 ILCS 110/1 et seq.) does not bar lawsuits against those petitioning government bodies when there are meritorious claims alleged in the suit... read more

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