Most Leases contain what are called automatic subordination clauses, pursuant to which the Tenant agrees that the Lease is subordinate to any Mortgages granted by the Landlord, whether they are ...

In In re Argon Credit, LLC, 2019 WL 169315 (Bankr. N.D. Ill. Jan. 10, 2019), the U.S. Bankruptcy Court for the Northern District of Illinois ruled that, in accordance with section 510(a) of the ...

Q. The question you recently answered about a long-term tenant surviving the foreclosure of his home (because his lease predated the mortgage) was welcome reading to us, because that is our situation.

Contingent payment clauses, no-lien clauses and lien subordination clauses can cause problems when it's time to get paid for your construction work Getting paid in the construction business can be ...