Robert R. McCormick Foundation
Non-Profit Foundations |
Private Foundations
205 N Michigan Avenue, Chicago, IL 60601
Recent News About Robert R. McCormick Foundation
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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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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.
