CHICAGO January 17. 2013
To the President and Members of the City Council:
Your Committee on Finance having had under consideration
One (1) order authorizing the Corporation Counsel to enter into and execute Settlement Orders for the following cases:
C. Great American Insurance Company of New York, a/s/o South Wabash LP and 600 South Wabash Commercial. LLC, v. Estate of Lorraine Phillips, a Disabled Person, et al., cited as 06 L 12285 - Proposed settlement of counterclaim of Estate of Lorraine Phillips, a Disabled Person, Lorraine P. Phillips, LLC. LP Development 630, LLC, and Chicago Title and Trust Company, as trustee under trust no. 10-17952-09 against the City of Chicago
Amount:
$450,000
Having had the same under advisement, begs leave to report and recommend that your Honorable Body pass the proposed Ordinance Transmitted Herewith
viva voce voi
dissenting vot<
This recommendation was concurred in by
of members of the committee with
Respectfully submitted
Chairman
Ordered, that the Corporation Counsel is hereby authorized and directed to enter into and execute a settlement agreement in the following matters: Great American Insurance Company of New York, a/s/o South Wabash LP and 600 South Wabash Commercial, LLC, v. Estate of Lorraine Phillips, a Disabled Person, et al., cited as 06 L 12285 - Proposed settlement of counterclaim of Estate of Lorraine Phillips., a Disabled Person, Lorraine P. Phillips, LLC, LP Development 630, LLC, and Chicago Title and Trust Company, as trustee under trust no. 10-17952-09 against the City of Chicago, cited as 06 L 12285 in the amount of $450,000.