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BORSELLINO v. PUTNAM

Nos. 1-10-2242, 1-10-2246.

962 N.E.2d 1000 (2011)

Lewis J. BORSELLINO, Plaintiff-Appellee and Cross-Appellant, v. Gerald D. PUTNAM, Marrgwen Townsend, and Stuart Townsend, Defendants-Appellants and Cross-Appellees.

Appellate Court of Illinois, First District.

December 2, 2011.

Attorney(s) appearing for the Case

Michael A. Pollard , William Lynch Schaller , John M. Murphy , and Peter P. Tomszak , all of Baker & McKenzie LLP, of Chicago, for appellants.

Jon Loevy , Michael Kanovitz , and Aaron Mandel , all of Loevy & Loevy, of Chicago, and Michael T. Reagan , of Law Offices of Michael T. Reagan, of Ottawa, for appellee.

OPINION

Presiding Justice R. GORDON delivered the judgment of the court, with opinion:

¶ 1 These consolidated appeals arise from a dispute concerning the effect of a settlement reached in an earlier lawsuit between the same parties involved in the instant appeals. The parties were business associates whose companies were members of Chicago Trading & Arbitrage, L.L.C. (CTA1), an Illinois limited liability company. In...

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