Illinois Law360 provides breaking news and analysis on legal and regulatory issues in Illinois. Coverage includes high-stakes litigation, policy developments, and corporate deals affecting the state.
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.
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.
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.
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.
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.