7th Circuit tackles pay-if-paid clause in construction contractBy Paul B. PorvaznikDecember 2013Pay-if-paid and pay-when-paid contract terms raise multiple questions. Such as: while they are often used interchangeably in the caselaw and in construction parlance, is the pay-if-paid vs. pay-if-paid distinction anything more than semantic hair-splitting? And are they even enforceable?
Condo eviction defenses: What is germane?By Adam B. WhitemanFebruary 2013In light of the conflict now existing between the districts on the question of what defenses are germane in a condo eviction matter, the time is ripe for a legislative fix.
Condominium and homeowner association assistanceBy Nancy HyzerApril 2013The Real Estate Law Section Council has considered The Condominium Ombudsperson Act (HB 1293) over the past few years and has consistently taken the position not to support the bill.
First District examines punitive damage standards in fraud suitBy Paul B. PorvaznikDecember 2013In K2 Development, LLC v. Braunstein, the First District addressed Illinois law’s compensatory and punitive damages guideposts in a convoluted real estate fraud suit filed by an LLC against one of its two members.
Hydraulic fracturing in Illinois—What is an owner to do?By William J. AnayaSeptember 2013Hydraulic fracturing operations present many opportunities to owners, but those opportunities involve risks that must be understood, quantified, analyzed, accepted or rejected or shared.
Illinois court: LLC member can file mechanics’ lien against property owned by that LLCBy Paul B. PorvaznikDecember 2013Peabody-Waterside Development, LLC v. Islands of Waterside, LLC examines the LLC-vs.- LLC-member distinction through the prism of a mechanics lien claim where the defendant LLC owns real property and is itself comprised of two separate LLCs, each holding a 50% interest
Implied-in-fact contract claims and motions to reconsiderBy Paul B. PorvaznikNovember 2013In 1801 W. Irving, LLC v. Splitt Architects, Ltd., a plaintiff developer sued an architect for breach of an oral contract and for implied indemnity in connection with the construction of a condominium building.
Kalkman v. Nedved, IL App. 3d (120 800) (2013)By Philip J. VaccoOctober 2013This recent decision from the Third District Appellate Court stands to remind every buyer that the common law doctrine of caveat emptor is still alive and well in the Land of Lincoln.
May a condemnor abandon its take?By Bryan P. LynchJuly 2013The law is clear: When the owner is defending against the taking of property rights initially deemed necessary but subsequently abandoned, the condemnor should bear the burden of its own changed mind.
The New Property Tax Exemptions Rules for Not-for-Profit Hospitals and Hospital Affiliates in IllinoisBy Kelly M. GrecoJune 2013This article first discusses the background of property tax exemption in Illinois and the supreme court’s decision in Provena. The article then discusses the Act’s amendment to the Code and how property tax exemptions for not-for-profit hospitals and hospital affiliates will be analyzed moving forward.
New radon requirements and changes to radon disclosure in 2013By Kelly M. GrecoFebruary 2013On August 17, 2012, Governor Quinn approved House Bill 4606, which created new radon requirements in Illinois as well as changes to radon disclosure by amending both The Child Care Act of 1969 and The Illinois Radon Awareness Act.
A stipulation?By Bryan P. LynchAugust 2013While stipulations can help narrow issues for trial, any indefinite language in a stipulation can cause considerable headache down the road, even depressing an owner’s property value.
Under Illinois law, what constitutes a lack of standing in mortgage foreclosures?By Steve CaravajalMarch 2013Despite the fact the “lack of standing” is one of the most often asserted defenses in foreclosure proceedings, there are only a handful of recent appellate opinions which have addressed this ubiquitous issue. This article offers a look at one of the most recent opinions, Deutsche Bank Nat’l Trust Co. v. Gilbert,and discusses the effect it is likely to have or should have in foreclosure proceedings to come.