Paul Porvaznik – Business Litigator
Case Notes and Summaries of Recent Cases (State and Federal Courts – Illinois Focus)
In Steven Harper’s The Lawyer Bubble: A Profession In Crisis, the author (quoting a newspaper article) describes Federally guaranteed student loans as the closest thing to a debtor prison in existence. Lawyer Bubble, p. 11. This statement, while jarring, has some empirical support. In the book, Harper cites bankruptcy code changes that have made it virtually impossible to get student …
Continue reading “Student Loan Discharge In Bankruptcy: How Hard Is It?”
Brahos v. Chickerneo, 2014 IL App (2d) 130543-U, examines Illinois money damages rules, the extent of a guarantor’s liability and satisfaction-of-judgment requirements against the backdrop of a business dispute involving a failed car dealership. The plaintiff got a multi-million dollar fraud judgment against multiple defendants that stemmed from a failed car dealership business venture. In post-judgment proceedings, the dealership was sold and the …
Continue reading “Release and Satisfaction of Judgment and Guaranty Liability – IL Law”
Part II – 5.5.14 12:14 p.m. In Vincent v. Chuhak & Tecson 2014 WL 1612697 (N.D.Ill. 2014) the Court denied the Firm’s motion to dismiss the plaintiffs’ FDCPA claims because it was at least plausible that the Firm’s demand letter was confusing and contradictory to the “unsophisticated consumer.” All that’s required for a plaintiff to survive a Rule 12(b)(6) …