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Northern Law Blog

Northern Law Blog

Practice updates, reflections, and interpretations by Northern Illinois University College of Law alumni.

http://www.northernlawblog.com/
  • Feb 10

    Illinois Real Estate Tax Sale

    Illinois Real Estate Tax Sale
    A real estate tax sale can be aside aside in bankruptcy court if it was for less than "reasonably equivalent value." In re Smith, 2016 U.S. App. LEXIS 934 (7th Cir. 2016). The Smith case dealt with several technical bankruptcy and fraudulent…
  • Feb 5

    ISBA Issues Report on Recent Law School Graduate

    ISBA Issues Report on Recent Law School Graduate
    The Illinois State Bar Association has issued its Report and Recommendations of the Special Committee on the Impact of Current Law School Curriculum on the Future of the Practice of Law in Illinois (here). The Report explores ways to ensure…
  • Jan 15

    Gambling Fever...in Bankruptcy Court

    Gambling Fever...in Bankruptcy Court
    When a person files bankruptcy, all of his property is transferred into a theoretical pot known as the bankruptcy estate. The bankruptcy trustee can then sell items from the bankruptcy estate to pay back the creditors, subject to certain…
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