Update from the 94th General AssemblyBy James K. WestonNovember 2006The General Assembly concluded the Spring 2006 Session in May, over a month after the initially announced end of session, April 7.
What is a “right of first refusal”?By Gary R. GehlbachDecember 2006Occasionally, a client will ask that I prepare a “right of first refusal,” or a “right of last refusal,” or a “last right of refusal,” or a “right of first and last refusal,” or some variation on this notion.
What is a title company’s product?By Greg C. AndersonApril 2006Gertrude Stein wrote “[A] rose is a rose is a rose.” The Illinois Supreme Court’s unanimous opinion in First Midwest Bank v. Stewart Title Guaranty Company can be summed up in a similar fashion: “A title commitment/policy is a title commitment/policy is a title commitment/policy.”
