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HILCO TRADING, LLC v. LIBERTY SURPLUS INSURANCE CORPORATION

No. 1-12-3503.

2014 IL App (1st) 123503

HILCO TRADING, LLC; HILCO, INC.; HILCO APPRAISAL SERVICES, LLC; HILCO ENTERPRISE VALUATION SERVICES, LLC; MARK A. SMILEY; ARNOLD H. DRATT; and JEFFREY LINSTROM, Plaintiffs-Appellants, v. LIBERTY SURPLUS INSURANCE CORPORATION, ACE AMERICAN INSURANCE COMPANY, and CONTINENTAL CASUALTY COMPANY, Defendants-Appellees.

Appellate Court of Illinois, First District, First Division.

Filed March 17, 2014.

Attorney(s) appearing for the Case

Thompson, Coburn, LLP, of Chicago (J. David Duffy and Emily L. Peel, of counsel), and Kasowitz, Benson, Torres & Friedman, LLP, of New York, New York (Adam S. Ziffer, pro hac vice), for appellants.

Walker, Wilcox, Matousek, LLP, of Chicago (Joseph J. Borders, Neil E. Holmen, and James W. Kienzle, of counsel), for appellee Liberty Surplus Insurance Corporation.

Matthew T. Walsh and Cozen O'Connor, both of Chicago, and Angelo Savino and Cozen O'Connor, both of New York, New York, for other appellees.

Presiding Justice Connors and Justice Hoffman concurred in the judgment and opinion.

OPINION

JUSTICE CUNNINGHAM delivered the judgment of the court, with opinion.

¶ 1 This appeal arises from an October 9, 2012 order entered by the circuit court of Cook County which granted the motion to dismiss filed by defendant-appellee Continental Casualty Company (Continental) and which dismissed with prejudice the complaint against Continental; granted the motion for summary judgment filed by defendant-appellee Liberty Surplus Insurance Corporation...

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