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Lakeshore Athletic Club owes $33K in sanctions for 3rd try at failed lawsuit over investor's foreclosure buy

By Todd Barnett | Monday, Aug 21, 2017 @ 5:10pm

A state appeals court has affirmed a trial court’s dismissal of a third amended complaint filed by the former operators of one of Chicago's biggest and most prestigious health clubs, and ordered them to pay more than $33,000 in sanctions in the case they brought against the businessman who now owns the club and who they accused of allegedly using inside knowledge to work around an agreement and buy the club when it fell into foreclosure.