Steve Hoke To Speak on “Chronic Legacy Liabilities” at Perrin Insurance Coverage and Allocation Conference
March 23, 2023 | | Accomplishments, News

Steve Hoke will speak on a panel addressing “Chronic Legacy Liabilities” at the April 18, 2023 Perrin Insurance Coverage Conference at the Omni Hotel in Chicago IL.  The panel will address Corporate Restructuring Issues; “sale” of corporate liabilities to Private Equity buyers; challenges related to Managing Legacy Liability Risk; and issues related to Captive Insurance in the legacy liability... Read More

Hoke LLC Represents Clients Pursuing Legacy Liability Dissolution and Revival of Dissolved Asbestos Defendants
March 23, 2023 | | Accomplishments, News

Building on its deep experience in the legacy liability space issues, Hoke LLC is working with multiple companies in the process of or about to dissolve. It also has been retained to represent a company that was dissolved decades ago in order to access unused insurance assets. Hoke LLC is an industry leader in the space and Steve Hoke... Read More

Charlie Philbrick Obtains $1.5M Summary Judgment
March 23, 2023 | | Accomplishments, News

Hoke LLC recently obtained summary judgment in a breach of contract case pending before Judge Bryan Chapman in the DuPage County Circuit of Illinois. Hoke LLC brought breach of contract, unjust enrichment and account stated claims against a Chicagoland area grocery store chain on behalf of a Chicago area food processing and distribution company. The lawsuit involved seventeen separately named defendants,... Read More

Illinois BIPA Insurance Coverage Cases
March 16, 2023 | | Insurance Bytes

A Comprehensive Index of BIPA Insurance Coverage Cases  In May 2021, the Illinois Supreme Court ruled on the seminal Illinois insurance coverage case for underlying actions alleging violations of the Illinois Biometric Information Privacy Act 740 ILCS 14/1 et seq. (West 2018) (“BIPA”), West Bend Mut. Ins. Co. v. Krishna Schaumburg Tan, Inc., 2021 IL 125978.  It held West Bend... Read More

The Illinois Biometric Privacy Act (“BIPA”)
March 15, 2023 | | Insurance Bytes

A Potential Existential Threat to Companies Doing Business in Illinois   Lawyers are always on the lookout for “the next big thing.” It may be here. In 2008, Illinois became the first state to enact a biometric privacy law that prohibits private companies from collecting, capturing, purchasing, receiving through trade, or otherwise obtaining a person’s biometric information without informing and receiving... Read More

Private Equity Wants To Buy Your Asbestos Liabilities
October 31, 2019 | | Accomplishments, News

By Stephen Hoke (October 31, 2019) Nothing commands more interest from our asbestos and other mass tort clients than potential extrajudicial approaches that provide certainty and finality for addressing their long-tail legacy liabilities. There are several alternative risk transfer opportunities that can provide relief from the distraction and risk that saps corporate focus and financial resources. Typically, there are three ways... Read More