ASSIGNMENTS OF RENTS – Lenders Beware!
“How can you have any pudding, if you don’t eat your meat?” Pink Floyd Assignments of Rents. Here’s a topic that doesn’t pop up in light conversation very often. Assignments of Rents. Virtually every...
View ArticleWhat do ZOMBIES, some Bankers, and the FDIC have in common?
Sometimes, some things just have to be said. And I, being on the front line of distressed commercial real estate loan workouts, find myself compelled to say it. There is trouble afoot. A fundamental...
View ArticleDancing with Gorillas – Roulette – and CRE Litigation
The Time to Decide – Commercial Real Estate Litigation A sage once said, “The time to worry about where the ball will drop is before the wheel is spun”. He was speaking about roulette, of course, but...
View ArticleLand Patent Defense is Frivolous, Sanctionable, and a Class 4 Felony in Illinois
The law is clear. The so-called “Land Patent” defense does NOT work. This is not earth shattering news, but it is a reminder that defenses to mortgage foreclosure actions must be well grounded in fact...
View ArticleAsset Protection – Lessons Learned
“The best time to plant a tree was twenty years ago. The second best time is today.” Chinese proverb For over 35 years, I have represented commercial real estate investors, developers and...
View ArticleIllinois LLCs – The Asset Protection Advantage
Illinois LLCs – The Asset Protection Advantage A Technical Analysis Among sophisticated investors and other high-asset/high-net worth individuals and businesses, the topic of “asset protection” is...
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