Paul Porvaznik – Business Litigator
Case Notes and Summaries of Recent Cases (State and Federal Courts – Illinois Focus)
The Illinois Commercial Real Estate Broker’s Lien Act, 770 ILCS 15/1 (the “Act”), provides a broker whose owed commission money with a strong remedy against a breaching property owner, buyer or tenant. Here are some of the Act’s key provisions: 1. What It Applies To: “Commercial real estate.” This is defined as any real estate in Illinois other than (i) real …
Continue reading “The Illinois Commercial Real Estate Broker’s Lien Statute: A Top 10 List”
In a typical commercial lease lawsuit, the tenant is long gone and possession is not in issue. Usually, it’s a retail tenant whose business is suffering and who can’t pay the required rent. Because of this, getting a possession order is often an afterthought as the landlord’s main focus is trying to recover damages from …
Continue reading “An Illinois Landlord’s Commercial Lease Damages”