Panel Declines To Enforce $1M Settlement In Light Of Insurer’s Insolvency

(February 20, 2020, 1:09 PM EST) -- CHICAGO — In a personal injury lawsuit, an Illinois appeals panel on Feb. 18 affirmed a ruling declining to enforce a settlement agreement for $1 million under an insurance policy as a judgment against a transportation company and its employee because there is a pending liquidation proceeding against their insurer (James D. Richardson v. Night Dream, Inc., et al., No. 1-19-1351, Ill. App., 1st Dist., Div. 2, 2020 Ill. App. Unpub. LEXIS 265)....

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