Description

Tim Foley brings a wealth of legal expertise to Fornaro Law, representing business owners and entrepreneurs across industries such as transportation, services, and real estate development. His practice spans corporate restructurings, contract drafting—including purchase-sale agreements—and advising trucking clients on regulatory compliance with 49 CFR 376.12. Tim's experience in land use law includes preparing and implementing development agreements, obtaining zoning approvals, handling annexations, and executing real estate transactions. Tim is known for his ability to collaborate effectively with local municipal staff and elected officials, ensuring that developments and related zoning processes align with local government regulations while achieving favorable outcomes for his clients.

Throughout his career, Tim has successfully negotiated a wide range of legal matters. Highlights include securing a sales tax abatement agreement for a local supermarket with the City of Berwyn, obtaining zoning approvals and tax incentives for a restaurant development group in LaGrange Park, and representing the Village of Broadview in drafting and negotiating redevelopment agreements. He has also helped trucking clients secure zoning approvals, tax incentives, annexations, and redevelopment agreements in municipalities such as Country Club Hills and University Park.

In addition, Tim has guided clients through bankruptcy proceedings, including representing a multi-office pediatric services provider in a Chapter 11 bankruptcy, successfully obtaining plan confirmation. His land use and real estate development work includes securing zoning approvals and negotiating annexation agreements in various Illinois municipalities.

Tim Foley graduated from Canisius College and obtained his law degree from John Marshall Law School. His experience and commitment to his clients make him an integral part of Fornaro Law.

To learn more about Tim’s client successes and accomplishments, you can check out his

comprehensive bio at: https://www.fornarolaw.com/meet-the-firm/tim-foley/

In this episode, Philip and Tim Foley discuss: 

• Problem-solving through positivity
• Building a supportive community 
• Finding meaning and enduring hardships 
• The value of embracing challenges 

Key Takeaways:

• See things from a more optimistic lens so that you can recognize opportunities and find solutions even when faced with difficult situations. Ask for help - don’t take on a problem alone when it can be solved faster and more effectively by a group. 
• Strive to build a supportive community where people are always willing to help each other. Remember that most people are willing to help so involve them in your goal.  Don’t take negative responses personally, try to talk through issues to find a resolution. 
• Focus on finding your own meaning. Once you have found your “why”, you’ll be able to bear any difficult circumstance or hardship. 
• Don’t fear challenges, embrace them and see them as opportunities to gain new learnings that will help you build confidence and practice and apply problem-solving skills. 

“You won't get anything unless you ask. You've got to always ask.” - Tim Foley

Connect with Tim:

Email: tim@fornarolaw.com

Website : https://www.fornarolaw.com/meet-the-firm/tim-foley/

Connect with Philip: 

Website: https://www.fornarolaw.com/ 

Podcast Website: https://lbmpodcast.com/ 

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