Equity firm alleges associates of developer Bossy enabled his efforts to dodge loan obligations, maintain 'posh' lifestyle
A Chicago equity firm is seeking to recover millions it claims to have lost in what it alleges was a an intricate asset-shifting scheme designed by a commercial developer to maintain a posh lifestyle. Venture Equities Management filed a lawsuit in Cook County Circuit Court based on the actions of David Bossy, a longtime commercial real estate broker and developer of multiple Chicago area shopping centers and other projects.
Quoting from the cult classic film “The Big Lebowski,” a federal judge has settled a property dispute between an Antioch bowling proprietor and the bank that owned the mortgage on the building.“The character Walter Sobchak once said, ‘This is bowling. There are rules,’” U.S. District Judge Joan Gottschall wrote. “If only the same could be said regarding how the law classifies property items in a bowling
The operators of a prominent Rosemont parking garage and an equipment supplier they hired to design a new gated entry system for their garage and for other vendors to which they wished to market the new product will continue to wage their legal battle after a federal judge ruled the standoff needs further proceedings to be sorted out. On June 10, U.S. District Judge Jorge Alonso rejected an attempt
Retailer Kohl’s has won the chance to demonstrate why a group which advocates for the rights of those with disabilities should not be allowed to turn a lawsuit over disability access at its stores into a class action with potential plaintiffs numbering in the thousands.
Lorillard Tobacco Co. cleared to continue suit vs. security firm over warehouse heist of cigarettes worth millions
A lawsuit alleging a security firm actually paved the way for a burglary will proceed following a judge’s refusal to dismiss the complaint.Greensboro, N.C.-based Lorillard Tobacco is suing Tyco Integrated Security, which is headquartered in the U.S. in Boca Raton, Fla., in federal court in Chicago, accusing the security company of failing to adequately protect a cigarette warehouse in East Peoria.
On the eve of the National Hockey League’s Stanley Cup Final involving the organizations for which he played and coached professionally, former Chicago Blackhawks standout Steve Ludzik has added his name to a growing list of former professional hockey players suing the NHL in connection with concussions suffered during his playing career.