Continuing Legal Education

Real Estate Law Update – 2012 (BLOOMINGTON)

November 1, 2012
8:50 a.m. – 4:30 p.m.
5.75 MCLE hours, including 1.00 Professional Responsibility MCLE credit hours (PMCLE credit subject to approval)
Presented by Real Estate Law

Bloomington
Holiday Inn and Suites
3202 East Empire
(map and directions)

Attend this seminar for a comprehensive discussion on recently-enacted real estate-related legislation and current case law that will impact your practice!


It is important that attorneys working in the real estate arena keep abreast of the ongoing changes and developments taking place in this important field of practice. Join us for an overview of current real estate case law, legislative updates, and equitable real estate remedies, as well as a discussion on the involvement of mortgagors, mortgagees, and other lienholders in foreclosure actions. Real estate lawyers, transactional attorneys, and commercial banking/bankruptcy practitioners – with basic to intermediate practice experience – attending this program will enhance their knowledge on the following topics:

  • The real estate-related legislation that has passed and the case law that has developed in the past year;
  • Commercial foreclosure receiverships and priorities between mortgagees and mechanics lien lienholders;
  • How the Illinois Commercial Code relates to real estate matters; and
  • The current developments and strategies for representing both mortgagors and mortgagees in foreclosure actions, including defenses.

The seminar includes an insightful commercial foreclosure law presentation and panel discussion regarding equitable real estate-related remedies, as well as a look at the various ethical issues that can arise during foreclosure actions.


Program Coordinators:
Michael L. English, Russell, English, Scoma & Beneke PC, Princeton
Robert J. Duffin, First American Title Insurance Company, Warrenville
Myles L. Jacobs, Brumund, Jacobs, Hammel, Davidson & Andreano, LLC, Joliet
Ted M. Niemann, Schmiedeskamp, Robertson, Neu, & Mitchell, LLP, Quincy

Program Moderator:
Ralph J. Schumann, Law Offices of Ralph J. Schumann, Schaumburg

 

Please Note: Prior to the program, you will receive a weblink via email allowing you to access the course materials prior to the program. You will also receive a copy of the course materials (for no additional charge) when you arrive at the program, but will need to check the appropriate box on the registration page letting us know if you prefer a flash drive or printed course book.

Agenda

8:50 – 9:00 a.m.  Welcome and Introductions
Ralph J. Schumann, Law Offices of Ralph J. Schumann, Schaumburg

9:00 – 10:30 a.m.  Legislative and Case Law Update
This segment provides a comprehensive overview of real estate-related legislation that has passed and case law that has developed from 2011 through 2012.
Steven B. Bashaw, Steven B. Bashaw, P.C., Lisle
Kenneth E. Davies, The Law Office of Kenneth E. Davies, Peoria
Joseph R. Fortunato, Momkus McCluskey, Lisle

10:30 – 10:45 a.m.  Break (beverages provided)

10:45 – 11:45 a.m.  Equitable Remedies Relating to Real Estate Matters
Join us for a discussion on equitable remedies available in connection with real estate disputes, related strategies, and potential pitfalls.
Hal R. Morris, Arnstein & Lehr, LLP, Chicago
Daniel I. Schlade, Arnstein & Lehr, LLP, Chicago

11:45 a.m. – 1:00 p.m.  Lunch (on your own)

1:00 – 1:30 p.m.  Illinois Commercial Code Security Interests in Relation to Real Estate Matters
Gain a better understanding of the Illinois Commercial Code (UCC) in connection to real estate transactions, including the necessary preparation and filing of UCC fixture financing statements, fixture financing termination statements, and subordination agreements regarding security interests granted to competing lienholders.
Ted M. Niemann, Schmiedeskamp, Robertson, Neu, & Mitchell, LLP, Quincy

1:30 – 2:30 p.m.  Illinois Mortgage Foreclosure Law Update
This panel discussion explores pending legislation while discussing current developments and strategies for representing both mortgagors and mortgagees in foreclosure actions. Building a defense and avoiding defenses to foreclosure are also addressed.
Steven B. Bashaw, Steven B. Bashaw, P.C., Lisle
Lisa A. Gabriel, Ward Murray Pace & Johnson, P.C., Sterling
Richard M. Guerard, Guerard, Kalina & Butkus, Wheaton
Erica C. Minchella, Erica Crohn Minchella Ltd., Skokie

2:30 – 2:45 p.m.  Break (refreshments provided)

2:45 – 3:30 p.m.  Commercial Aspects of Foreclosure: Receivership, Lien Priorities and Chapter 11
Foreclosures of commercial real estate differ from foreclosure of residential property. This presentation concentrates on the commercial aspects of foreclosure. Topics include: receiverships; priorities between lenders and mechanics lien claimants; the LaSalle Bank v. Cypress Creek[1] case; and other aspects of commercial foreclosures.
Samuel H. Levine, Arnstein & Lehr, LLP, Chicago

3:30 – 4:30 p.m.  Ethics Essentials Update*
Discover the ethical issues arising in connection with foreclosure actions and other areas of the real estate process during this informative segment.
Robert J. Duffin, First American Title Insurance Company, Warrenville
Myles L. Jacobs, Brumund, Jacobs, Hammel, Davidson & Andreano, LLC, Joliet
Michael J. Rooney, Michael J. Rooney, St. Charles

 

*Professional Responsibility MCLE credit subject to approval