Meltzer, Purtill & Stelle LLC (MPS Law) is proud to announce the induction of partner Kathleen Dempsey Boyle to the 2020 Fellows class of the American College of Real Estate Lawyers (ACREL). Fellowship in ACREL is widely considered to be one of the highest honors available to U.S. real estate attorneys. The Maryland-based organization is…
Like everyone else, MPS Law is feeling the effects of the evolving coronavirus crisis. At this point, we’re focused on doing what needs to be done to keep our families healthy and safe, and urge you to do the same. We’re also taking steps to ensure continued delivery of our services with as little disruption…
John J. Lipic, a highly respected Chicago attorney with more than 17 years of experience in commercial real estate and finance law, has joined Meltzer, Purtill & Stelle LLC (MPS Law) as a partner. Lipic focuses his practice on commercial real estate and related areas, including finance, private equity, investment, leasing and asset management. He…
MPS Law, a widely respected Chicago area business-to-business law firm, has announced the promotion of two partners: Raymond J. Horn III as capital partner, and Monica J. Paine as income partner. The announcement reaffirms the firm’s commitment to two of its top performers in their respective areas, Horn in mergers and acquisitions and Paine in…
MPS Law, a widely respected Chicago area business-to-business law firm, is pleased to welcome Kevin Flavin as a new Associate. Flavin will focus primarily on corporate law, including mergers and acquisitions, business formation, business separations, and corporate, industrial and asset-based lending matters. His expertise is bolstered by an extensive professional background in business and finance….
As the retail centers and megamalls of yesterday evolve into the mixed-use developments of today, so too must the reciprocal easement agreements – REAs for short – that outline rights and responsibilities and keep the peace. Commercial real estate attorney Kathleen Boyle offers her insights on this all-important topic in this article reprint from the…
Overview With baby-boomers aging, and with over 95 million millennials in the job market, the importance of Non-Compete Clauses and Restrictive Covenants in employment agreements is sharply in focus. Boomers are at the age where they may be stepping back, retiring, or selling their businesses, while millennials and techies are starting businesses or changing employers….
MPS Law, a widely respected Chicago area business-to-business law firm, is pleased to welcome a pair of new attorneys to their downtown Chicago office. Kevin Purtill arrives as a partner specializing in commercial litigation, creditors’ rights and restructuring, banking and finance law. Max Guggenheim is an associate whose practice areas include commercial real estate, real…
EDITOR’S NOTE: In this article from the American Bar Association’s Business Law Today, Tim Brink considers the ramifications of the Delaware district court’s opinion overturning the bankruptcy court’s decision in the Tribune Media Co. bankruptcy and holding that section 506(b) of the Bankruptcy Code does not bar recovery of post-petition contractual attorneys’ fees on unsecured…
Chicago-area law firm Meltzer, Purtill & Stelle (MPS Law) is pleased to announce two new partners: Steven H. Goodman as capital partner, and J.L. Cherwin Jr. as income partner. The move will further strengthen the firm’s ability to provide high-quality commercial real estate legal services to financial institutions, real estate developers, and the corporate, industrial,…
It is a quirk of the Bankruptcy Code that while it expressly allows oversecured creditors’ claims for post-petition contractual attorneys’ fees, it is silent as to the treatment of claims for post-petition contractual attorneys’ fees on unsecured claims. In part because the Supreme Court in Travelers Casualty & Surety Co. of America v. Pacific Gas…
Interpreting and understanding the terms and conditions of insurance policies can be a daunting endeavor. Failure to do so, however, can be disastrous for the uninformed policyholder who goes to make a claim, only to find the coverage is inadequate—or that the carrier has issued a denial. MPS Law is committed to helping our clients…
When the “great recession” was in full bloom, the oldest baby boomers were approaching age 65 and the many business owners among them lamented missing the opportunity to “sell high.” Beginning in 2011 and every day since, over 10,000 boomers have reached age 65. Now that we are in an unprecedented period of economic growth,…
The purpose of this paper is to lay out a suggested procedure for a condominium association which desires to sell its building for de-conversion to do so in an orderly manner that will maximize the distributions to the unit owners and minimize the amount of time, effort, and conflict required to consummate the transaction. A….
CHICAGO (November 2, 2018) – In a move to bolster its already strong real estate presence, Chicago area law firm Meltzer, Purtill & Stelle (MPS Law) is pleased to announce the recent additions of Peter Levy and Julie Cunniff to its Real Estate Group. Levy joins MPS’s Schaumburg office as a partner and arrives with…
