March 24, 2022
Mark your calendar for this timely forum on key issues affecting professionals involved in real estate development, investment, and leasing in the Chicago suburbs. MPS Law partners Hal Francke and Jay Cherwin will moderate two of the panel discussions on tap for the event. Hal will moderate a discussion on “Mega Developments, while Jay will…
March 22, 2022
Author: Ray Horn
In this article from the March 2022 online edition of Insider 94 | Midwest Business Journal, MPS partner Ray Horn offers a distinctive look at the topic of attorney selection. His article combines practical, common sense advice with insights and anecdotes gleaned from over 20 years’ experience in mergers and acquisitions, partnership agreements and “business…
February 22, 2022
Meltzer, Purtill & Stelle LLC (MPS Law) continues to grow its professional staff by elevating associate attorney Andrew Chamberlain, who focuses on mergers and acquisitions, to partner. Separately, the firm has also hired a new partner, Michael Bregman, who is focused on commercial litigation. Chamberlain, who has been with MPS Law since 2016, works with…
August 17, 2021
Author: Timothy W. Brink
EDITOR’S NOTE: In this article from the American Bankruptcy Institute’s Unsecured Trade Creditors Committee Newsletter, Tim Brink discusses the Third Circuit’s decision holding that “triangular” setoffs are not permissible in bankruptcy and rejecting the argument that parties can contract around the requirement of strict bilateral neutrality. In its recent decision in In re Orexigen Therapeutics…
August 2, 2021
Meltzer, Purtill & Stelle LLC (MPS Law) is pleased to announce a pair of key additions to its professional staff. New associate attorney Max Frazier joins the firm’s commercial litigation practice group with extensive experience in cases involving breach of contract, business disputes, commercial evictions, debt collection, and other business matters. He has represented a…
May 21, 2021
May 21, 2021 – When MBBI (the Midwest Business Brokers and Intermediaries association) announced the launch of their new “Trends in M&A” podcast, the decision to slot MPS Law partner Ray Horn as the first featured guest came as no surprise. A former MBBI president and longtime board member, Ray offers the perspective of a…
May 14, 2021
Evan D. Blewett 125 S. Wacker Drive, Suite 2900 Chicago, Illinois 60606 T: 312-461-4317 F: 312-987-9854 E: eblewett@mpslaw.com Evan Blewett, a distinguished attorney with extensive experience in commercial real estate and corporate finance transactions, has joined Meltzer, Purtill & Stelle LLC (MPS Law) as a partner. Evan’s practice spans both transactional and litigation work, with…
January 18, 2021
In this article published by IICLE (Illinois Institute for Continuing Legal Education), authors Brian Meltzer and Vickie Bresnhan (of Meltzer Purtill and Stelle / MPS), provide a comprehensive review of the history and likely future of legislation and trends regarding condominiums and CICs (common interest communities) in Illinois. As the authors of Chapter 5 of…
January 4, 2021
Author: Brian Meltzer
Introduction/Background Shopping centers and malls (collectively referred to herein as “Malls” or individually as a “Mall”) throughout the country were dealing with the effects of changing consumer buying habits due to the rise of online shopping, which was accelerated by the Corona virus. Big box retailers have been closing stores and filing for bankruptcy in…
December 30, 2020
Author: Brian Meltzer
Today, most newly constructed owner/occupant housing developments are governed by a condominium and/or non-condominium homeowners association (“HOA”) made up of the owners of the homes in the development. The housing crash and the great recession which followed (the “Crash”) exposed many flaws and weaknesses in the HOA model. See, Time to Rehab the Aging Condominium…
December 18, 2020
Holly G. Shuman 125 S. Wacker Drive, Suite 2900 Chicago, Illinois 60606 T: 312-461-4319 F: 312-987-9854 E: hshuman@mpslaw.com December 18, 2020 – Leading Chicago real estate law firm MPS Law has elevated associate attorney Holly Shuman to partner, effective January 1, 2021. The move capped a rapid rise through the ranks for Shuman, who clerked…
November 25, 2020
Author: Scott Hargadon
CONTACT 125 S. Wacker Drive, Suite 2900Chicago, Illinois 60606T: 312-461-4314F: 312-987-9854E: shargadon@mpslaw.com Many clients, including companies who have multiple locations and those that don’t, believe that they don’t need to have a “tenant lawyer” involved in a lease transaction because they believe 1) their corporate counsel or general real estate attorney can adequately advise them…
November 6, 2020
Author: Samuel J. Schumer and Laura M. Carroll
Our leasing team recently encountered a somewhat unique scenario in the commercial leasing arena involving an office sublease between affiliates and the potential pitfalls of a spinoff of the subtenant into its own independent entity. The tenant/sublandlord was particularly concerned about the prospect of one of its competitors acquiring the subtenant after the spinoff is…
October 13, 2020
For the past six years, MPS Law associate Holly Shuman has focused on real estate transactions. A rising star within the field, Holly recently sat down to talk about MPS Law’s unique approach to representing tenants and the future of commercial leasing. Tell us a little about yourself, and how you became interested in commercial…
August 27, 2020
Scott Hargadon is one of the leading tenant lawyers in the country, representing major corporations, mid-market companies, and entrepreneurial ventures in office and industrial/warehouse leases throughout the United States and Canada. Scott sat down recently to talk about the importance of specialization, negotiating in tough markets, and how COVID-19 has affected tenants. Why did you…