Paul Porvaznik – Business Litigator
Case Notes and Summaries of Recent Cases (State and Federal Courts – Illinois Focus)
The (diabolical?) Joey Greco (I think that’s the ‘Cheaters’ Host’s name) would love this one. In Carroll v. Curry, 912 N.E.2d 273 (2nd Dist. 2009), the plaintiff filed a replevin suit against his ex-fiancée (defendant) seeking the return of an engagement ring that he previously bought. The couple was engaged to be married for several years until the defendant broke …
Continue reading “Illinois Replevin Law: Who Gets to Keep (Broken) Engagement Ring?”
Corporate successor liability’s focal point is whether a purchasing corporation (Company 2) is responsible for the purchased corporation’s (Company 1) pre-sale contract obligations. It’s an important question because the Company 1 will usually have no assets after the purchase. Creditors of Company 1 will then try to pin liability on Company 2. The general rule in Illinois …
Continue reading “Corporate Successor Liability in Illinois: the Rule and Exceptions”
Blood From A Turnip (www.flickr.com)(visited 3.9.16) 735 ILCS 5/2-1402 and Supreme Court Rule 277 govern post-judgment or supplementary proceedings in Illinois. 735 ILCS 5/12-101 through 12-183 provide additional post-judgment specifics like the mechanics of levying on a debtor’s property, the seven-year period to enforce a judgment (12-108), the lien on debtor’s real estate and personal …
Continue reading “Collecting Your Cook County (IL) Judgment: A Primer”