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Articles From Kevin J. Stine

Appeal of Mortgage Foreclosure Case Where Property Is Sold to Third Party Who Was Not a Party to the Litigation Is Moot Unless the Appellant Previously Obtained a Stay of the Trial Court’s Judgment By Kevin J. Stine Commercial Banking, Collections, and Bankruptcy, May 2024 In PHH Mortgage Corp.v. Restrepo, the appellate court determined that defendant's petition for relief from judgment that sought to vacate both the judgment of foreclosure and the order confirming the sheriff's sale of defendant's home were moot and barred because the subject property had been sold to an unrelated third party purchaser and defendant had not obtained a stay of the trial court's order confirming the sale within the time frame allowed for filing an appeal from that order.
Trial Court Can Enter a Nunc Pro Tunc Order More than 30 Days After Final Judgment Is Entered to Correct a Mistake or Clerical Error if Proper Notice of the Motion Is Given to All Parties By Kevin J. Stine Commercial Banking, Collections, and Bankruptcy, May 2024 In SMS Financial Recovery Services, LLC v. Rodriguez, the court of appeals determined that a trial court can enter a nunc pro tunc order more than 30 days after final judgment is entered to correct a mistake or clerical error as long as proper notice of the motion is given to all parties.
Compliance With the Beneficial Ownership Rule By Kevin J. Stine Corporate Law Departments, February 2024 Although the Beneficial Ownership Rule requiring banks to identify and verify beneficial owners of legal entity customers went into effect in 2018, many bank customers are not aware of the rule and resist assembling the information required for the bank to comply with the rule.
Illinois Notary Law Changes By Kevin J. Stine Legal Technology, Standing Committee on, November 2022 Summaries of the recent substantive changes to existing notary laws.
Illinois Notary Law Changes By Kevin J. Stine Local Government Law, August 2022 Summaries of the recent substantive changes to existing notary laws.
Illinois Notary Law Changes By Kevin J. Stine State and Local Taxation, July 2022 Summaries of the recent substantive changes to existing notary laws.
Illinois Notary Law Changes By Kevin J. Stine Real Estate Law, May 2022 Summaries of the recent substantive changes to existing notary laws.
1 comment (Most recent May 19, 2022)
Illinois Notary Law Changes By Kevin J. Stine Trusts and Estates, April 2022 Summaries of the recent substantive changes to existing notary laws.
Illinois Notary Law Changes By Kevin J. Stine Real Estate Law, March 2022 Summaries of the recent substantive changes to existing notary laws.
Illinois Notary Law Changes By Kevin J. Stine Law Office Management and Economics, Standing Committee on, February 2022 Summaries of the recent substantive changes to existing notary laws.
Illinois Notary Law Changes By Kevin J. Stine Corporate Law Departments, September 2021 A summary of recent changes to existing notary laws in Illinois.
A ‘Sharp Bid’ Is Not a Proper Bid in a Supplementary Action Sale By Kevin J. Stine Commercial Banking, Collections, and Bankruptcy, November 2020 In FirstMerit Bank, N.A. v. McEnery, the appellate court found that a “sharp bid” was not a proper bid in the sale of personal property in a post judgment collection proceeding.
Employment Law Update for All Illinois Employers (Including Law Firms) By Kevin J. Stine Law Office Management and Economics, Standing Committee on, September 2019 Illinois has recently enacted new statutes that affect all Illinois employers, including law firms.
Simple advice to ward off fraudsters By Kevin J. Stine Law Office Management and Economics, Standing Committee on, December 2018 Security breaches can be minimized by simply following some basic rules regarding passwords and email use.
Bank does not owe a duty of ordinary care to maintain and guard a customer’s accounts and protect the account holder from fraud, abuse and waste By Kevin J. Stine Trusts and Estates, September 2017 The First District Appellate Court recently issued its decision in Epstein v. Bochko.
Bank does not owe a duty of ordinary care to maintain and guard a customer’s accounts and protect the account holder from fraud, abuse and waste By Kevin J. Stine Commercial Banking, Collections, and Bankruptcy, July 2017 The First District Appellate Court recently issued its decision in Epstein v. Bochko.
When can I destroy my records? By Kevin J. Stine Law Office Management and Economics, Standing Committee on, June 2017 In March 2017 the ISBA issued Advisory Professional Conduct Advisory Opinion 17-02 to help attorneys find a solution for this common question.
Confession of judgment clause valid in note with variable interest rate By Kevin J. Stine Commercial Banking, Collections, and Bankruptcy, October 2016 On August 26, the First District Appellate Court issued an opinion in Cole v. Davis, concluding that a confession of judgment clause with a fixed principal amount due and a variable interest rate is not legally insufficient under Illinois case law interpreting the statutory right to confess judgment.
Smart phones in the workplace—Eating away at office efficiency By Kevin J. Stine Law Office Management and Economics, Standing Committee on, October 2016 What reasonable boundaries should you set to ensure smart phones don't contribute to your firm's inefficiency?
Clear and convincing burden of proof required for joint owner to claim ownership of garnished funds By Kevin J. Stine Commercial Banking, Collections, and Bankruptcy, August 2016 In Gataric v. Colak,, the Illinois Appellate Court held that a joint owner of a bank account seized in a supplementary proceeding must prove by clear and convincing evidence that the non-debtor joint owner is in fact the owner of the funds in the account.
Timesheets and billing tips By Kevin J. Stine Law Office Management and Economics, Standing Committee on, March 2014 The author provides some thoughtful tips to help you draft successful timesheets, and a sample engagement letter to use as a guide.

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