Since it was founded by Ernest J. Codilis in 1977, Illinois-based law firm Codilis & Associates has been assisting clients with navigating foreclosure-related transactions and providing real estate transactional support to financial institutions. It works with private buyers and sellers along with banks and investors. In addition to the provision of these services, Codilis and Associates contributes to the law community with memberships in organizations such as the Illinois State Bar Association (ISBA), which promotes the interest of administrating justice in the state.
The ISBA, a 28,000-member association that has the potential to shape legislation, is also a resource for its membership, publishing articles that inform readers of judicial rulings and trends. A recent publication addressed a case about liability related to transfer of ownership.
The case involved a woman employed by Oakridge Nursing and Rehabilitation Center who complained that her employer wrongfully dismissed her because of her age and disability. Sometime later, the rehabilitation center ceased to operate and transferred its assets to Oakridge Healthcare, without exchanging money. The center remained in the same place and held onto its employees.
The Department of Human Rights filed a complaint with the Illinois Human Rights Commission, and Oakridge Rehab was ordered to pay back $30,880. When the company failed to do so, the state took action. The issue was that the suit was filed against Oakridge Rehab and not Oakridge Healthcare, and ultimately, the Court found that the two entities were in fact different businesses. Thus, Oakridge Healthcare was not obligated to pay the woman, and upon appeal, the Illinois Supreme Court found no fraudulent activity to avoid the payout and let the decision stand.
