Paul Porvaznik – Business Litigator
Case Notes and Summaries of Recent Cases (State and Federal Courts – Illinois Focus)
Midwest Commercial Funding, LLC v. Kelly, 2022 IL App (1st) 210644 shows the harsh results that can flow from the failure to follow a statute’s service requirements to the letter. There, dueling creditors fought over song royalties paid to disgraced R&B singer R. Kelly. Heather Williams sued the singer for sexual abuse and obtained a …
Continue reading “R. Kelly’s Royalty Account Nabbed by Sex Assault Judgment Creditor”
Hayward v. Scorte, 2020 IL App (1st) 190476, reads like a creditors’ rights practice manual for its detailed discussion of the nature and scope of various creditor remedies under the Illinois supplementary proceedings and garnishment statutes. (735 ILCS 5/2-1402 and 735 ILCS 5/12-701 et seq., respectively.) The plaintiffs confirmed a half-million dollar arbitration award against …
Title to real estate is typically held in one of three ways: tenancy in common, joint tenancy and tenancy by the entirety. The salient characteristic of tenancy in common is that each owner holds a ½ interest in the property and that upon an owner’s death, his/her share passes to his/her heir. Joint tenancy’s hallmark …