While many lenders, especially SBA Lenders, shy away from Illinois Land Trusts, they actually have benefits for the secured and mortgage lender. Once the Lender takes an assignment of beneficial interest in a land trusts, the Lender has positioned itself to have more control over the collateral and ease of liquidation after default.
Archives for June 2014
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We are very pleased to have Alison Harkins join the firm as Of Counsel. Alison comes to us as a former lender, loan documenter, and financial privacy and transaction specialist. She brings a wealth of knowledge and practical experience to transactions. She has worked in house and understands the needs of small businesses for general counsel advice without the expense of an in house counsel. She adds depth and specialized experience to our team.
McKenna Employment Bulletin – June 2014
DOCTOR’S STATEMENT IS SUFFICIENT TO DEMONSTRATE DISABILITY EMPLOYMENT CONTRACT STOPS A RETALIATORY DISCHARGE CLAIM SEX HARRASMENT BY THE EMPLOYEE STOPS HIS NATIONAL ORIGIN AND RETALIATION CLAIM EMPLOYER’S USE OF THE SAME CREDIT CHECK AS THE EEOC STOPS AN EEOC COMPLAINT EEOC CHARGE DOES NOT TOLL THE STATUTE OF LIMITATIONS FOR A STATE COMMON LAW CLAIM