Section Newsletters

Articles From Thomas M. Lombardo

Recovering post-judgment attorney fees – A practice pointer for transaction and litigation counsel By Thomas M. Lombardo Commercial Banking, Collections, and Bankruptcy, January 2017 The author identifies three critical steps to ensure that your client’s post-judgment attorney fees for collection activity are recoverable on top of the judgment itself.
Can lenders collect rents without possession? Recent First District opinion calls well-settled answer “no” into question By Thomas M. Lombardo Commercial Banking, Collections, and Bankruptcy, October 2014 One of the first things someone learns when they get involved in commercial real estate foreclosures is that a lender cannot enforce an assignment of rents unless it first obtains some form of “possession.” The First District, perhaps unintentionally, called this well-settled possession requirement into question on July 23, 2014 with its decision in Urban Partnership Bank v. Winchester-Wolcott, LLC, et al.
The aftermath of Cypress Creek—How newly-enacted HB 3636 affects commercial mortgage lenders By Thomas M. Lombardo Construction Law, January 2014 A real-world example of exactly how the recent changes to the Mechanics Lien Act affect a commercial real estate foreclosure with post-mortgage mechanics liens.
The aftermath of Cypress Creek—How newly-enacted HB 3636 affects commercial mortgage lenders By Thomas M. Lombardo Commercial Banking, Collections, and Bankruptcy, December 2013 A real-world example of exactly how the recent changes to the Mechanics Lien Act affect a commercial real estate foreclosure with post-mortgage mechanics liens.
Commercial real estate foreclosures in Illinois—They’re not always the same By Thomas M. Lombardo Commercial Banking, Collections, and Bankruptcy, November 2009 With the proliferation of real estate foreclosures in these difficult economic times, many experienced practitioners are finding themselves involved in some aspect of foreclosure litigation for the first time. 

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