We are excited to share that Illinois will soon join the growing number of states with a codified receivership act. Effective January 1, 2026, the Illinois Receivership Act (Public Act 104-0034) establishes a modern, comprehensive framework for administering commercial receiverships. The statute empowers courts to effectively manage commercial real property, personal property, tenants, rehabilitation, and […]
Category Archives: Announcement
Simon PLC Attorneys & Counselors is proud to announce that our attorneys Matt Vogler and Jayson Blake prevailed in a hard-fought jury trial defending our financial institution client. The case was contentious, with plaintiff seeking $250,000 in compensatory damages and $1,000,000 in punitive damages. After three days of trial, the jury rendered a verdict, with […]