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Latest News in Illinois

  • January 24, 2017

    3 Firms Steer $81M Chicago Mall Deal

    Benesch Friedlander Coplan & Aronoff LLP represented DDR Corp. on its recent purchase of a grocery-anchored shopping mall in Chicago for $81 million from a joint venture of Pachter Gregory & Raffaldini PC-counseled Barrett & Porto Real Estate LLC and The Taxman Corp. and Seyfarth Shaw LLP-counseled Newport Capital Partners.

  • January 24, 2017

    Ill. Town Can't Dodge $7.3M Police Pension Bill

    The city of Harvey, Illinois, must pay a $7.3 million tax bill to the Harvey Police Pension Fund, an Illinois state appellate court said Monday, upholding a lower court's decision in a more than decade-old case involving the notoriously cash-strapped city.

  • January 24, 2017

    Feds Seek Five Years For $200M Loan Fraudster

    The owner of a Pennsylvania machine tool company who pled guilty to helping an old friend fraudulently get $200 million worth of loans from several Chicago-area banks should spend five years behind bars and pay $97 million in restitution, the federal government told an Illinois federal judge Tuesday.

  • January 24, 2017

    And Now A Word From The Panel: A Year Of Vanishing MDLs

    2016 was a notable year for the Judicial Panel for Multidistrict Litigation: It created only 26 new MDL proceedings, a low-water mark for new MDL proceedings not seen in almost a quarter of a century. In this installment of his bimonthly series on the panel, Alan Rothman of Arnold & Porter Kaye Scholer LLP looks at the panel’s activity over the past year.

  • January 24, 2017

    Chicago Museum Settles Suit Over Historic-Car Damages

    The Museum of Science and Industry on Monday settled with famed auto engineer and speed driver Craig Breedlove over allegations the museum damaged his "Spirit of America" jet car in the 50 years it was on loan to the MSI.

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