Construction Law Attorney Blog
"Reports on construction law legislation, opinions and matters in Illinois."
Author: Joshua Glazov is a partner at DLA Piper in Chicago.
Blawg Related Categories: Partner • Construction Law
Recent Posts from Construction Law Attorney Blog
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I-35 Bridge Collapse Contractor Settles Lawsuits With State and Survivors
The Minneapolis-St. Paul Star Tribune's Jim Foti reports in I-35 Bridge Firm Settles Suits on Friday's settlement between Progressive Contractors, Inc. (the "contractor") on one side and State of Minnesota and the disaster survivors on…
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Construction Checkup: The Legacy at Millennium Park
YoChicago's Joseph Askins reports in Construction Checkup: Legacy at Millennium Park on construction progress at Mesa Development's Chicago residential condominium project known The Legacy at Millennium Park. I confess I'm biased. I worked on contracts…
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American Resort Development Assication Fall Conference In Washington, DC
Starting this morning, I'm attending the Fall Conference of the American Resort Development Association ("ARDA") in Washington, D.C. ARDA is the principal trade association for the timeshare and fractional ownership industry. We'll be: Writing new…
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Will FDIC Closing Of 9 FBOP Banks Stop Funding Of Construction Loans?
Becky Yerak at the Chicago Tribune reports that the FDIC just seized 9 banks operated by FBOP Corporation, including Park National Bank in Oak Park, Illinois. Park National's construction related initiatives include:Lending to redevelop 200…
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FDIC Statement on Prudent Commercial Real Estate Loan Worksouts
National Mortgage Professional Magazine just reported that the Federal Deposit Insurance Corporation, in conjunction with other federal financial regulators, just released this Policy Statement on Prudent Commercial Real Estate Loan Workouts. According to this Policy…
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PepsiCo Learning The Hard Way: Be Careful With Complaints, They're Ticking Timebombs
In Price to PepsiCo for Not Being in Court: $1.26 Billion, the National Law Journal's Lynn Marek reports that an assistant in PepsiCo's legal department misplaced a Complaint costing the company $1.26 Billion. Yes, you…
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I-35 Bridge Collapse: The NTSB's Report
Are you're interested the collapse of the I-35 bridge in the Twin Cities and the claims that have followed in its wake? Then if you haven't already, take a look at the Report prepared by…
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Rappelling at theWit Hotel for the Respiratory Health Association of Metropolitan Chicago
Last week I posted asking for your sponsorship to participate in the Skyline Plunge - rappelling 27 stories down the side of the recently opened theWit Hotel to benefit the Respiratory Health Association of Metropolitan…
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FDIC's Loan Buyers, Assignees, and Transferees Can Use D'Oench, Duhme Too
In the last bank insolvency post we talked about what kinds of things are considered "agreements" that the Federal Deposit Insurance Corporation (the "FDIC") can ignore under the D'Oench, Duhme rule and Section 13(e) of…
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Illinois Home Repair and Remodeling Act: Contractors Must Still Beware
There's been a lot of recent decisions by judges applying the Illinois Home Repair and Remodeling Act (the "Act"). The Act is that statute requiring contractors working on people's homes to: (a) have a written…