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2007 Articles

Bill status report By Stephen Olson October 2007 Recent legislation of interest.
Current topics in bank examinations By Michael A. Stanfa July 2007 This article is a summary version of a one of the presentations at the Banking Law Seminar put on by the ISBA.
Impact of bankruptcy on a real estate lease By Konstantinos Armiros November 2007 In a bankruptcy setting, the conventionally held notion that a commercial real estate lease is an asset is amplified in order to protect that asset from disappearing.
The importance of being thorough By Michael G. Cortina November 2007 Banks are usually the first target for creditor’s rights attorneys who are seeking to collect on a judgment.
Lien cuisine and other construction delights By Samuel H. Levine July 2007 A lot has happened in the past three years in the area of construction law and mechanics liens. The Mechanics Lien Act has been amended.
Securing and collecting intellectual property collateral By Daniel Kegan December 2007 Intellectual property has become a salient, yet confusing, asset in national and global business and financing.
When a foreclosure sale preempts mortgagor’s right to sell By Gary R. Gehlbach October 2007 In Household Bank, FSB, v. Lewis et al., the First District of the Illinois Appellate Court reversed the Cook County trial court, finding that the expiration of the mortgagors’ statutory right of redemption precluded the mortgagors from selling the property.