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Freeborn & Peters

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Construction Completion Guaranty: Worthwhile for a Guarantor to Negotiate

USA - May 8 2017 In a construction loan, the real property securing the loan does not achieve its underwritten value until construction is complete and the project is

Pending Legislation May Impact Conversion of Chicago’s Condominiums to Apartments

USA - July 17 2017 There is legislation pending in the Illinois legislature that, if passed, would make acquiring entire condominium projects more difficult for

Negotiating Variable Rate Mortgage Loans as LIBOR Phases Out

USA - August 24 2017 LIBOR panel banks and regulators are working on a plan for a transition to alternate benchmarks by the end of 2021. At this point, a large chunk of

You’re Grounded: Latest ADA End Run Attempt Fails

USA - March 20 2017 On March 13, the U.S. Court of Appeals for the 11th Circuit rejected the latest attempt at circumventing federal preemption to creatively assert a

HB 2946 - The New and Improved Illinois Angel Investment Tax Credit Program

USA - March 7 2017 For those who don’t know, Illinois has had an “Angel Investment” program since 2012 where investors who invested in qualifying companies would

2017 state of the states - list of current active and proposed intrastate crowdfunding exemptions (updated)

USA - August 28 2017 I don’t know about the rest of you out there but I have not yet found a website that accurately identifies each of the states that have currently

Negotiating Variable Rate Mortgage Loans as LIBOR Phases Out

USA - August 24 2017 LIBOR panel banks and regulators are working on a plan for a transition to alternate benchmarks by the end of 2021. At this point, a large chunk of

Pending Legislation May Impact Conversion of Chicago’s Condominiums to Apartments

USA - July 17 2017 There is legislation pending in the Illinois legislature that, if passed, would make acquiring entire condominium projects more difficult for

Illinois Employers Face Changing Employment Laws

USA - June 30 2017 Navigating employment laws can be a complicated and perilous process for employers. Compliance is especially challenging given that federal, state

A Patchwork Quilt of Regulations for Self Driving Vehicles - No Way, Says Congress!

USA - June 23 2017 Big news! Next week, on June 27th, a Subcommittee of the House Committee on Energy and Commerce will hold a hearing to discuss “Self-Driving Vehicle