Statute of repose does not bar fraudulent concealment claim
A condo association will be allowed to proceed with a lawsuit against the original developers filed 15 years after completion of the project, and despite a 10-year statute of repose. A divided Illinois Supreme Court has applied a “fraud-based” exception to the statute of repose, to allow the condo association to move forward with those causes of action alleging fraudulent concealment on the part of the developer. Interpreting Illinois Statute § 13-214, the case is Henderson Square Condo. Assoc’n v. LAB Townhomes, LLC, 2015 Ill. LEXIS 1267 (Nov. 4, 2015). Read the article………….
The condo board at 550 Grand Street in Williamsburg, Brooklyn, had a problem unrelated to hirsute hipsters, organic kale smoothies
A case that could affect the validity of thousands of Las Vegas foreclosure sales stemming from the real estate crisis
IL Appellate Court Determines Extent of Immunity For Associations & Managers Under IL Illinois Snow and Ice Removal Act
On December 1, 2016, the Illinois Supreme Court held that the Illinois Snow and Ice Removal Act (the “Act”), which