Timothy Patenode

Timothy Patenode

Katten Muchin Rosenman LLP

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Illinois House Considers Bill to Allow “Bonding Off” of Mechanics Liens

Lenders in Illinois might want to take note of pending Illinois House Bill 2804. The bill would amend the Mechanics Lien Act, so as to allow “bonding off” of mechanic liens for the first time in Illinois. Nearly every state...more

4/12/2013 - Bonds Lenders Mechanics Lien Proposed Legislation

Illinois Supreme Court Issues New Procedural Rules for Foreclosures

On February 22, 2013, the Illinois Supreme Court adopted a set of new procedural rules that will impact both residential and commercial foreclosures in Illinois. The new rules are scheduled to go into effect as early as March...more

3/1/2013 - Affidavits Foreclosure Lenders Loans Robo-Signing

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