Paul Porvaznik – Business Litigator
Case Notes and Summaries of Recent Cases (State and Federal Courts – Illinois Focus)
After more than a decade of robotically calling Appetite for Destruction the “best album ever!!” I was jonesing for something fresh. A friend turned me on to Queens of the Stone Age in the Y2K era and to this day, I’m glad he did. While QOTSA’s “cocaine pop,” “stoner metal,”, “doom metal” and “desert metal,” …
Continue reading “I Think I Lost My Headache: Album Review, “Rated R”, Queens of the Stone Age”
Priority disputes happen a lot in mechanics’ lien litigation. Typically, a mortgage lender claims that its first-filed mortgage trumps a later-filed mechanics lien. The “trumps” part is activated if and when the property is sold and there aren’t enough proceeds to pay both the lender and contractor. If the lender’s mortgage has priority, it gets first dibs on the sale proceeds, leaving the …
In Southern Wine and Spirits of Illinois, Inc. v. Steiner, 2014 IL App (1st) 123435, the First District outlined and applied the rules governing the interpretation and enforcement of written guaranty agreements in Illinois. The plaintiff wine distributor purchased the assets of another distributor that had previously entered into a contract with a liquor store company; a contract personally guaranteed by the …