1600 Museum Park, LLC v. Williams, 2012 WL 6955718, chronicles an aborted condominium purchase and its ensuing litigation. A condo owner and two purchasers signed a contract (Contract) and an approx. $25K promissory note in connection with a condo sale. But only one of the buyers signed the contract and note. The deal fell through and the defendants sent a written termination …
Category Archives: Post-judgment – Collections
Collecting Post-Judgment Attorneys’ Fees in Illinois
Collecting a judgment against sophisticated corporate and individual debtors can be a time-consuming and futile exercise. Post-judgment enforcement proceedings can drag on for months (sometimes years), often generating astronomical attorneys’ fees and expenses. Tobias v. Lake Forest Partners, LLC, 402 Ill.App.3d 484 (1st Dist. 2010) addresses some tricky questions involving competing money judgment priority and …
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‘Your Check Bounced Like a Superball®!’ – Bad Check Laws in Illinois – Civil Liability
(photo credit: www.sportsunlimitedinc.com) The civil provisions of the Illinois Deceptive Practices Act, 720 ILCS 5/17-1 (a criminal statute), govern situations where a defendant issues bad checks with intent to defraud. Section 5/17-1(B) provides: (B) Bad checks. A person commits a deceptive practice when: (1) With intent to obtain control over property or to pay for …