CHICAGO – A federal court in Illinois confirmed that a hotel builder will have to pay Hyatt a more than $7 million arbitration award for failing to honor their franchise agreement.
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A dispute over who should get to develop a piece of land just off the Bishop Ford Freeway (Interstate 94) on Chicago’s South Side appears ticketed for state appellate court, after a Cook County judge rejected a lawsuit brought by a veteran of the Chicago real estate development sector against an organization which bills itself as dedicated to encouraging economic development in Chicago’s low income areas.
Software exec waited too long to sue finance pros over bad advice for $250 million investments resulting in huge tax bill
A software executive has said a group of investment bankers led him to put his money into a scheme frowned upon by federal tax collectors, but a state appellate court has found, like a trial court before them, that he ran out of time to sue his erstwhile financial advisers at Deutsche Bank and BDO.