Wisconsin's foreclosure statute (Chapter 846) recently has been amended by three separate legislative acts. First, the process for recording sheriff's deeds after sale has been changed. Second, the foreclosure statute has been amended to permit counties to conduct...
The Wisconsin Supreme Court has ruled that a circuit court may "decouple" the confirmation of a winning bid at sheriff's sale in a foreclosure action from the determination of the debt owed by a guarantor. Horizon Bank v. Marshall Point Realty, LLC, et al., 2018 WI...
In a 6-0 decision, the Wisconsin Supreme Court has decided that circuit courts have the power to award attorney fees as part of an equitable remedy "in exceptional cases and for dominating reasons of justice." Nationstar Mortgage LLC v. Stafsholt, 2018 WI 21. The...
The State of Wisconsin maintains a website (wccabeta.wicourts.gov) that provides public access to certain records of the Wisconsin circuit courts. The website is very user-friendly and can be searched in a variety of different ways, including by the name of a party...
As most businesses know, getting paid can sometimes be difficult and time consuming. Unfortunately, in certain cases trying to collect on an outstanding debt can also be risky. The U.S. Seventh Circuit Court of Appeals (covering Illinois, Indiana and Wisconsin)...
The Wisconsin Court of Appeals recently held that land contract purchasers who were brought into a foreclosure action by a bank against the land contract sellers could recover certain attorneys' fees from the sellers. The case is significant because the land contract...
Businesses have long sought to protect their customer relationships. Accordingly, companies may try to restrict the ability of their employees to compete for those customers after the employment relationship terminates. Post-employment restrictions are typically set...
The Wisconsin Court of Appeals recently held in Green Tree Servicing v. Lorang (December 14, 2017) (per curiam), that a trial court did not erroneously exercise its discretion when it confirmed a sheriff's sale in a foreclosure action at a purchase price that was as...
The LIBOR interest rate benchmark is set to be phased out as the main index in the market by the end of 2021. An estimated $350 trillion of loans and contracts are linked to LIBOR, including mortgages and student loans. Many of the financial arrangements that rely...
Stroud, Willink & Howard, LLC is pleased to announce that the firm has elected Attorney Joseph P. Bartol as its Managing Member. Joe has been with the firm since 1994 and succeeds Attorney Robert R. Stroud, who has stepped back from the position after 23 years of...
