COOK COUNTY RECORD

Recent News About Robert R. Mccormick Foundation

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  IL High Court says broker Gallagher Risk can't get McCormick Foundation's lawyer communications over Tribune buyout

  By Dan Churney | Tuesday, Nov 26, 2019 @ 4:45pm

  The Illinois Supreme Court has ruled an insurance broker for the McCormick Foundation, cannot obtain the Foundation’s communications with its attorneys, to help it fight an action by the Foundation alleging the broker set up a policy that did not cover suits resulting from the Tribune’s bankruptcy.

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  McCormick Foundation OK to sue over insurance advice blamed for hefty legal bills after Tribune bankruptcy

  By Dan Churney | Monday, Apr 4, 2016 @ 10:57am

  A state appeals panel has ruled two former major shareholders in the Tribune Company, who are in litigation with creditors, can continue to press their malpractice suit against a prominent Chicago insurance broker for allegedly giving bum advice to change insurance companies, which put the ex-shareholders on the hook for legal costs instead of their insurer.

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