Illinois legislature passes SB16 to address effect of In re Crane decision

In response to the now infamous In re Crane decision, the Illinois legislature yesterday passed SB 16. The relevant language appears at the end of the enrolled bill at the following link: SB0016 The bill will become law effective June 1, 2013,  if signed by Governor...

Stewart Schneider and Trent Bond obtained Summary Judgment

Stewart Schneider and Trent Bond were awarded Summary Judgment on behalf of a Bank client, in a Judgment declaring the Bank’s deed of trust to be in a first lien position.  Central to the case was whether or not a Quit Claim Deed at issue, which was signed during the...