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June 2011 | Volume 4 · Number 4

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Update from ATG Administration

ATG CEO and President Named Laureate of the Academy of Illinois Lawyers

Birnbaum Second Youngest Laureate Ever Inducted by the Illinois State Bar Association

The 2011 Class of seven Laureates was inducted on Tuesday, April 26, 2011, at a luncheon ceremony in Chicago at the Standard Club, led by ISBA past president and ATG board member John G. O’Brien of Arlington Heights, chancellor of the Academy Board of Regents.

Birnbaum has served as President and CEO of ATG since 1991. He began his 30-year career with us in 1981 while in law school. A distinct part of Peter’s success as President is that he understands ATG operations and core functions with great depth, having worked in several different roles, supervised many departments, and been a part of the building process at ATG since the early days... read more

Laureate Peter J. Birnbaum, ATG President and CEO, receives his Illinois State Bar Association (ISBA) Laureate medal from ISBA President Mark Hassakis (long-time ATG member) at left and John O'Brien, ISBA Past President, chancellor of the Academy Board of Regents, and long-time ATG member and board member.

ATTORNEYS | Practice Notes
 
REAL ESTATE AND TITLE INSURANCE NEWS
 
Don't Forget: Small Business Job Creation Tax Credit — The hiring deadline to take advantage of this significant Illinois tax break is June 30... read more

TRUST AND ESTATE PLANNING NEWS
 
Tenancy by the Entirety: How Do You Make a Trust a Husband? — The Illinois Legislature recently passed legislation that would allow the separate inter vivos trusts of a husband and wife to take title to real estate as tenants by the entireties... read more

CASENOTES
 
Illinois
Mechanic's Liens
National City Mortgage v Bergman — The appellate court found that section 7 of the Mechanic's Lien Act does not require a completion date... read more
 
Indiana
Disclosure; Fraud
Hizer v Holt — Where a seller was proved to have actual knowledge of an undisclosed defect in the property, the seller is liable for fraudulent misrepresentations made on the Residential Real Estate Sales Disclosure form... read more
 
Wisconsin
Mortgages
Countrywide Home Loans, Inc. v Russ — A court must deny confirmation of a judicial sale where a bidder seeks a deficiency judgment and bids less than a fair value. Where no deficiency judgment is sought, a bid lower than the outstanding mortgage value does not create any undue burden on the mortgagor... read more
 

ATG MEMBERS | Underwriters' Bulletin
 
CLAIMS CORNER
 
Mortgages
Omitted Mortgagor - Whoever Owns Property Must Unconditionally Execute the Mortgage — ATG agents are responsible for examining mortgages to make sure they are insurable... read more
 

WHAT'S NEW | Member, CLE, Process, and Trust Services
 
ATG logoPlan for New Business - With a small investment of time, we'll help you examine your existing business relationships, leverage those contacts into new firm business with a marketing action plan, and teach you networking strategies. We'll set realistic goals and show you how to evaluate returns against efforts. Contact Member Services Representative Bob Dillow today!

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PROGRAM OF THE MONTH
Basic 2006 ALTA Title Policy Coverage
an ATG program

Get an in-depth look at the coverages and exclusions of the 2006 ALTA Owner's and Loan Policies.

Wednesday, June 22, 2011
1.50 MCLE (CLE applied for in WI)
Connect OnLine

Package Users | Attorneys | All Others

One Payment Buys ATG Legal Ed Seminars for One Year - With a Lawyer Discount Package, you pay once and get direct access to our library of more than 30 OnDemand programs PLUS our full 2011 calendar of live programs when they're available... read more

See ATG Legal Education at www.atgf.com for our full program list.

ATG LegaLServe logoNEW WEBSITE, NEW FEATURE: Client Portal - From this page of www.atglegalserve.com, you can login and view the status of your files, see when your paper was served, view the details of service attempts, and even make secure online payments for services. Learn more and place your order now!


ATG Trust logoLooking for the Best in Land Trust Services for Your Clients? - You can provide excellent land trust services to your clients through ATG Trust at reasonable rates. ATG and ATG Trust members can save their clients additional fees through our Member Pricing Program... read more

NOT A MEMBER YET? Learn about the benefits to you and your clients.




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