By Andrew R. Schwartz | Published November 21, 2014 | Posted in Collections | Tagged Tags: uniform commercial code | Leave a comment
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Important New Collection Case
On November 5, 2014, the Illinois Appellate Court, First District, preliminarily released its opinion in Wells Fargo Bank Minnesota, NA v. Envirobusiness, Inc., 2014 IL App (1st) 133575, which provides important guidance on several aspects of collection law under §2-1402 of Illinois’ Code of Civil Procedure (“Code”).
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