For years, municipalities were able to enact various requirements that needed to be met before title to property could be transferred. These obligations were known as Time of Sale Requirements and their content and enforcement was generally left to the municipality’s discretion. Such requirements could range from having the property inspected to having improvements made.
All articles by Francis J. Hughes
A recent Wisconsin Court of Appeals decision serves as a helpful reminder for secured parties to closely follow the Wisconsin statutes when foreclosing on a debtor’s assets after default. In 2009, James March sold a restaurant to Thomas Linn for a $50,000 down payment and a $160,000 promissory note secured by a security agreement on.
We’ve all read stories in the press over the last several years, that the bottom fell out of the real estate market. We’ve seen for ourselves how real estate values have dropped, and how properties have been taken over by banks, either through formal foreclosure or a borrower’s surrender. Sad stories abounded. But recently, we’ve.
Your sales team is underperforming, so you’ve decided to cut the 5 employees with the worst records. Or, your employer is undergoing reorganization, and you’ve heard that your department is going to be downsized by 10%. Even though employment may be “at will,” employers often offer separation agreements to departing employees. Those employees get some.
One of your regular customers unexpectedly went bankrupt a year ago. After the initial disappointment, you filed your proof of claim with the bankruptcy court and hoped for some minimal payment sometime down the road. You had almost forgotten about that customer until this morning, when you opened your mail. Then your jaw dropped. The.