September 2007

Product Liability Update:
Recent Case Clarifies Illinois Product Liability and Damages Law in Illinois

Chicago associate Matthew Byrne writes on an important decision of the Illinois First District Appellate Court discussing the tests to use in considering complex products liability claims, as well as the permissible damages available to survivors in wrongful death claims.

The Use Of Judicial Estoppel as a Complete Bar to Litigation

Waukegan associate Nicholas Johnson discusses the use of the doctrine of judicial estoppel as a defense in litigation, focusing on the use of improper declarations by parties in bankruptcy proceedings and the effect of these declarations in later litigation.

Bankruptcy Law Update:
Creditors Beware Creditor Loses $700,000.00 After It Extends Credit On A Patently False Financial Statement

Chicago office associate Eileen Madda writes on a recent bankruptcy decision in the Northern District of Illinois Federal Courts on a creditor's loss of its loans, even despite proof that the debtor provided the creditor a patently false financial statement.

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Editor:
Terrence F. Guolee

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