Bankruptcy Law update

Bankruptcy Law update

In re: Olde Prairie Block Owner, LLC, 10 B 22668, involves a single asset case where a secured creditor is asking the Court to lift the automatic stay and grant the secured creditor’s motion to dismiss to allow it to proceed with its foreclosure action against...
Pending Legislation in Springfield

Pending Legislation in Springfield

State Representative Jim Sacia (R-Freeport) is sponsoring a bill that would create an exemption under the Prevailing Wage Act for government projects that cost less than $20,000. So far, it has not received a hearing in the House Labor Committee.