Law Firm’s Organizational Form, Insolvency Affect Extent of Members’ Personal Liability

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Wednesday, March 14, 2012 from ABA/BNA Lawyers' Manual on Professional Conduct™ By Joan C. Rogers CHICAGO—Law firms' switch to limited liability entities can give lawyers a false sense of security about their vicarious liability for claims arising from colleagues' conduct, according to a panel discussion March 2 at the 11th Annual Legal Malpractice & Risk Management Conference. In launching the panel on “How Limited Is Your Liability?” moderator Allison D. Rhodes joked darkly that the real topic was “how we get your house.” The speakers focused on a question of keen interest to lawyers everywhere: Under what circumstances can members of a...

16 March

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Railroad will pay $6 million to family of Chicago woman killed at University Park crossing

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in Chicago, IL

THE ASSOCIATED PRESS First Posted: March 14, 2012 - 4:02 am CHICAGO — The family of a woman killed at a University Park railroad crossing two years ago will receive $6 million to settle a wrongful death lawsuit.. Dance instructor Katie Ann Lunn of Chicago was killed in April 2010 when her vehicle was hit by a high-speed train at a crossing after she left a competition at Governor's State University. A lawsuit filed by the family against Illinois Central Railroad Co. claimed the crossing signals had been deactivated earlier that day for maintenance and never turned back on. The railroad admitted liability after...

02 December

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Cook County Jury Finds in Favor of Federal Signal Corporation in Trial of Eight Firefighter Hearing Loss Claims

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in IL

By Federal Signal CorporationOAK BROOK, Ill., Nov. 22, 2011 -- /PRNewswire/ -- Federal Signal Corporation (NYSE: FSS), a leader in environmental, safety and transportation solutions, announced today that a Cook County, Illinois jury absolved the Company from any liability in lawsuits brought by eight Chicago firefighters and found that the Company's siren products were not defective. These firefighters claimed that they had developed hearing loss caused by exposure to sirens manufactured by the Company. After a two week trial, the jury deliberated for less than two hours in reaching a unanimous decision in favor of the Company. This...

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Law Firm’s Organizational Form, Insolvency Affect Extent of Members’ Personal Liability

Railroad will pay $6 million to family of Chicago woman killed at University Park crossing

Cook County Jury Finds in Favor of Federal Signal Corporation in Trial of Eight Firefighter Hearing Loss Claims

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