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INSUREONE INDEPENDENT INS. v. HALLBERG

Nos. 1-09-2385, 1-10-0428.

976 N.E.2d 1014 (2012)

364 Ill. Dec. 451

INSUREONE INDEPENDENT INSURANCE AGENCY, LLC; American Agencies General Agency, Inc.; and Affirmative Insurance Holdings, Inc., Plaintiffs-Appellants and Cross-Appellees, v. James P. HALLBERG; William J. Hallberg; Casmira Lens, as Trustee of the James P. Hallberg 1994 Gift Trust; and Casmira Lens, as Trustee of the Patricia L. Hallberg 1994 Gift Trust, Defendants-Appellees and Cross-Appellants.

Appellate Court of Illinois, First District, Third Division.

Rehearing Denied October 10, 2012.

Attorney(s) appearing for the Case

Pedersen & Houpt, Chicago ( Charles M. Gerig , of counsel), for appellants.

Sullivan Hincks & Conway, Oak Brook ( Patrick Michael Hincks , Desmond Patrick Curran , Michael Anthony Faccenda , and Kevin O'Brien Gerow , of counsel), for appellees.

OPINION

Justice SALONE delivered the judgment of the court, with opinion.

¶ 1 This is a consolidated appeal from a bench trial conducted in the circuit court of Cook County resolving disputes among the purchasers and sellers of the assets of several insurance companies.

¶ 2 Plaintiffs, InsureOne Independent Insurance Agency, LLC (New Insure One), American Agencies General Agency, Inc., and Affirmative Insurance Holdings, Inc. (Affirmative...

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