An Unexpected Risk for Banks: The Chicago Residential Landlord and Tenant Ordinance July 16, 2019 It is an all too common scenario these days with mortgage foreclosures still commonplace in Chicago: someone leases a single...
“For the times they are a-changing’.” Illinois Supreme Court rules that the Implied Warranty of Habitability does not apply to subcontractors. April 5, 2019 For over 30 years, since Minton v. Richards Group of Chicago, 116 Ill.App.3d 852 (1st Dist. 1983), subcontractors in Illinois...
LIBOR Rate Phase-out — What’s Next? March 6, 2019 Sometime in 2021, the most important benchmark for setting interest rates on commercial (and many variable rate residential) loans will...
