An Illinois appellate panel has ruled in a Will County medical negligence case, that the statute of limitations does not kick in when a guardian presses a negligence lawsuit for a disabled person, until the person is no longer disabled.
Freeborn & Peters LLP welcomes Amanda C. Andrews, Jerome R. Crabtree, and Robert A. Sikorski to the firm’s Chicago office as attorneys in the Corporate Practice Group, with Amanda and Jerome also joining the firm’s Trust and Estates team.
An insurance executive facing a $10 million bill for unpaid income taxes can sue his former financial advisors, but not the law firm that employed the lawyer who the executive said misled him into hiding $64 million in an illegal tax shelter.
A new class action asserts Walgreens owes tens of thousands of retirees and employees money for allegedly mismanaging their retirement accounts by leaving investments in underperforming funds, costing employees more than $300 million in retirement savings.
Prominent Chicago law firm Seyfarth Shaw, financial services company Northern Trust, and others have sidestepped a racketeering claim brought by a financial services provider who claimed he was misled into investing in an illegal tax shelter that eventually cost him more than $10 million in back taxes, fees, interest and penalties.
A Chicago federal judge has signed off on a $4.25 million settlement to end years of litigation between financial investment firm Northern Trust Co. and a host of public worker retirement plans in Chicago and elsewhere in the U.S. over claims Northern Trust’s allegedly risky investment decisions had led to hundreds of millions of dollars in losses for the retirement programs when markets crashed at the onset of the Great Recession.
Two law firms seeking money owed by a real estate management company following a class action complaint are chasing the $845,000 settlement in Cook County Circuit Court, demanding Northern Trust Company be held liable for the sum for allegedly providing a letter purportedly verifying the real estate management group had the required cash on hand, when it actually did not.
Chicago-based international law firm Seyfarth Shaw and financial services firm Northern Trust has beaten back a federal RICO lawsuit, for now, after a federal judge said the president of an underwriting company didn’t do enough to establish the companies, engaged in racketeering when they allegedly misled him into running the tens of millions of dollars he received from the sale of his company stock through an abusive tax shelter scheme.
A law firm practicing in Chicago and headquartered in Milwaukee has removed an arbitration dispute with a California doctor over legal fees to federal court and now the doctor is seeking to remand the matter back to Cook County's circuit court.
