Business Litigation
Chicago Business Litigation Trial Attorneys
At Canel, King & Jones, our lawyers have vast experience in business litigation. We represent individuals and business entities in large disputes around the country.
Insurance Litigation
In 2011, we settled a large insurance property damage claim for our client, a nationally known antique furniture dealer.
Corporate Litigation
In 2010, we settled a damage claim for unit holders of a Delaware LLC alleging the failure to timely provide books & records. Plaintiffs claimed defendant's failure to provide the timely books & records caused Plaintiffs to lose the window to sell their interests prior to the 2008 recession. The litigation resulted in Plaintiffs being able to sell their units.
Accounting Malpractice
We have represented two of the big four public accounting firms in accounting malpractice cases.
Arbitrations
Many business agreements require arbitration. Canel, King & Jones has successfully tried many AAA and NASD arbitrations. Arbitration awards are generally difficult to overturn. In 2007 we had and arbitration award against several clients vacated by the Illinois Appellate Court.
Antitrust Litigation
In 2003 we obtained a reversal from the 7th Circuit Court of Appeals of a dismissal of a large industrial customer's antitrust claims against the largest natural gas utility in Indiana. The case settled in 2004.
Trust Litigation
In 2003 we successfully prosecuted and settled a claim on behalf of trust beneficiaries against a bank trust department for mismanaging the beneficiaries' trust assets.
Shareholder Litigation
In 2001 we successfully defended a shareholder of a closely held corporation in a preliminary injunction trial in St. Louis County, Missouri. The plaintiff sought our client's ouster from his corporate offices in a breach of fiduciary duty case involving a dispute over management fees and dividend distributions.
Over the years, we have also successfully represented several clients who were minority shareholders “squeezed out” of closely held corporations to deprive them of their share of lucrative businesses or transactions.
Partnership Litigation
In 1999 we obtained a jury verdict in excess of $18 million against a general partner of a limited partnership for breach of fiduciary duty. The claim against the general partner involved overcharges on related party loans. The trial court added over $6 million in equitable prejudgment interest. The case was settled after an appeal.
Civil Rights Litigation
Together with Gerry L. Spence of Jackson, Wyoming, we represented Dennis Williams, one of the "Ford Heights Four," in a malicious prosecution case against Cook County, Illinois and certain sheriff's deputies. Mr. Williams spent 18 years in prison, 15 of those on death row, for a crime he did not commit. All four cases were settled in April 1999 for $36 million. Williams v. County of Cook, Case No. 97 L 4886 (Circuit Court of Cook County, Illinois). We continue to be involved in other high profile civil rights cases.
Injunctions
In June 2004, we obtained an injunction in the Circuit Court of the Fifth Judicial Circuit in Marion County, Florida for a philanthropist who had donated a museum, artwork and millions of dollars to a large university foundation. We sued the foundation alleging it breached its promise to care for the Museum in perpetuity in exchange for the gift. The Circuit Court required the foundation to fund and maintain the Museum pending the final disposition of the case. The case settled during the appeal of the injunction order.
Located in Chicago and practicing in the Midwest and throughout the nation. If you have questions about how we can serve you or your business in this area, contact us to schedule an appointment.
Canel, King & Jones
10 South La Salle Street
Suite 3400
Chicago, Illinois 60603
Phone: 312.372.4142
Fax: 312.372.6737
