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Insurer: No duty to defend lawyer accused of missteps in $18M Rezko South Loop deal verdict

Scott Holland Jul. 6, 2017, 7:15am

An insurance company wants a court to declare it free of obligation to defend a lawyer who stands accused of malpractice by an international real estate development group hit in 2015 with an $18 million jury award to an investor who claimed the group bilked him of millions in a deal with corrupt Illinois campaign financier Tony Rezko.

General Mediterranean Holding says attorney missteps led to $18 million verdict in lawsuit over Rezko South Loop deal

Jonathan Bilyk Mar. 11, 2016, 6:16pm

An international real estate development group stung last year by a multi-million dollar jury award to a fellow investor who claimed the group cheated him out of millions in an allegedly underhanded deal with corrupt Illinois campaign financier Tony Rezko has itself filed suit against its former attorney, claiming missteps by the lawyer cost the group $18 million.