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Andrés J. Gallegos, Guest Lecturer at the University of Illinois Chicago Disability Law Class held March 14 and15

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Shareholder Andrés J. Gallegos was a guest lecturer on March 14 at the University of Illinois Chicago Disability Law class. He presented on the application of the federal nondiscrimination laws to healthcare systems and providers. Also, on March 15, he was a guest lecturer at the law school’s Bioethics & the Law class discussing the… Read more »

RD Quarterly- 2022 Issue 2

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RD Quarterly- 2022 Issue 2   Transferring Assets into Estate Planning Vehicles While on the Long-Term Care Journey: More than Meets the Eye How to Conduct Due Diligence on an Adaptive Reuse Project  Three New Laws for Illinois Restaurants  Single Purpose Entities in Real Estate Transactions

Single Purpose Entities in Real Estate Transactions

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A single purpose entity, or SPE, is a limited liability company, S-corporation or other entity formed for the single purpose of owning a specific parcel of commercial real estate. The SPE owns no other assets and is subject to no other liabilities. The real estate it owns serves as collateral for the lender. Often, the… Read more »