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“The life of the law has not been logic; it has been experience.”

-Oliver Wendell Holmes, Jr.

Banking and Lending

McKenna Storer attorneys have expertise in a wide variety of lending issues including loan documentation, SBA loan documentation, all phases of workout, lender liability, commercial loan issues and lender representation in bankruptcy. When necessary, they are ready to litigate any issues that may arise from loan origination through loan enforcement, including collection and foreclosure.

Our attorneys work closely with our clients to understand their particular needs and challenges. They provide counseling to help develop effective cost strategies to implement each client’s objectives.

What Banks in Illinois Should Expect If Recreational Cannabis Becomes Legal

What Banks in Illinois Should Expect If Recreational Cannabis Becomes Legal


The incoming governor-elect of Illinois, J.B. Pritzker has promised to pass legislation that legalizes the sale and consumption of recreational cannabis in Illinois for adults over the age of 21.

Categories Banking and Lending General Litigation

Illinois Land Trusts-the Positive Side for Secured Lenders


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.

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Categories Banking and Lending

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