Court says broker may simply rely on the face of attachment order
By John T. Hundley
Commercial Banking, Collections, and Bankruptcy,
August 2009
In Hicks v. Midwest Transit, Inc., the court held that a financial institution served with an attachment order was required only to determine that the order was “regular on its face” – and not to explore validity questions which could only be answered from extraneous sources.
‘Know thy enemy and know thyself’
By John T. Hundley
Bench and Bar,
April 2009
As a recent decision by the Illinois Appellate Court demonstrates, failure to know—and properly name—your party-opponent can have drastic and even fatal consequences.
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