By Andrew R. Schwartz | Published October 30, 2019 | Posted in Public Pensions | Tagged Tags: firemen, Harvey Firefighters’ Pension Fund, municipal law, pension-intercept, police | Comments Off on Pension Intercept Requested for East St. Louis Firefighters’ Fund
Pension Intercept Requested for East St. Louis Firefighters’ Fund
For the third time since enactment of the Illinois pension intercept law, a municipal employee pension board seeks to have city monies redirected to replenish long-neglected funds.
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Understanding Creditors’ Options When Enforcing Judgments
Whether you’ve won a legal case, performed professional services or leased commercial property to a tenant, collecting the payment often proves to be the toughest part of the task.
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Fraudulent Intent Not Always Necessary to Unwind an Improper Transaction
Creditors may use Illinois’ Uniform Fraudulent Transfer Act (IUFTA) to recover funds improperly shifted by a debtor to a third party.
Read MoreBusiness Oppression Case Divides Family-Owned Construction Company
A major construction company with Illinois roots has demonstrated that serious “business oppression” conflicts can happen even in family-run businesses.
Read MoreChicago Police and Fire Pension Trustees Seek to Intercept Funds
For years, local governments in Illinois have had trouble balancing their budgets. Several struggling local governments have either failed to make public pension fund contributions, or paid far less than what they owe.
Read MoreEmploying the Confession of Judgment in Illinois
Confession-of-judgment clauses let creditors circumvent the normal judicial process and obtain a judgment. Promissory notes, guaranties and other contracts may include them.
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Mr. Schwartz and Mr. Kanyock IICLE chapter on fraudulent transfer litigation
Litigating the Suit to Set Aside a Fraudulent Transfer.
Read MoreWhen Should I Use an Out-of-Jurisdiction Lawyer?
Federalism presents numerous positive aspects. But if you’re an attorney who must reach across state lines to resolve a case, our federal system does not exactly roll out the welcome mat.
Read MoreHow Attorneys Collect Court Judgments Across State Lines
After fighting for years to win a judgment, many attorneys find themselves facing a second — and equally difficult — fight to collect the judgment.
Read MoreUnwinding Fraudulent “Estate Planning” Transfers
The lack of reasonably equivalent value in return for the transfer of an asset common indicates that a fraudulent transfer has occurred.
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