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Paul Porvaznik – Business Litigator

Case Notes and Summaries of Recent Cases (State and Federal Courts – Illinois Focus)

Tag Archives: Joint tortfeasor

Zero Dollars Settlement Still in ‘Good Faith’ In Corporate Embezzlement Case – IL 1st Dist.

Upon learning that its former CEO stole nearly a million dollars from it, the plaintiff marketing firm in Adgooroo, LLC v. Hechtman, 2016 IL App (1st) 142531-U, sued its accounting firm for failing to discover the multi-year embezzlement scheme. The accounting firm in turn brought a third-party action against the plaintiff’s bank for not properly …

Continue reading “Zero Dollars Settlement Still in ‘Good Faith’ In Corporate Embezzlement Case – IL 1st Dist.”

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Posted byPaulPAugust 18, 2016August 23, 2016Posted inBusiness Torts, Civil ProcedureTags: consideration, contribution, good faith finding, Joint tortfeasor, release and settlement, settlement
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