John M. Richman, the former CEO of Kraft, Inc who oversaw the landmark 1988 merger of Kraft with Phillip Morris, died on Saturday in West Palm Beach after a brief illness. He was 89.
The $13.1 billion transaction was at the time the second-largest merger in US history and created the world's biggest consumer products company. It was concluded only after Mr. Richman and the Kraft board rejected the original price and began making plans to take the company private. The final deal came as a result of intensive, late-night negotiations at an airport hotel between Mr. Richman and Philip Morris CEO Hamish Maxwell, and was concluded at a price almost 18% above than the original offer.
Following the merger, Mr. Richman served on the Phillip Morris board of directors for six years, where he helped oversee the company's continued diversification into the food and beverage business.
John Marshall Richman was born in New York City on November 9, 1927, the son of Arthur Richman, a playwright who wrote The Awful Truth among other works, and Madeline Marshall, a stage actress. Growing up in New York City, he said he never remembered a time when he did not work. He attended the Browning School and Yale University, both on scholarship, and then enrolled in Harvard Law School in Cambridge, where he met his wife-to-be Priscilla Frary. They were married in 1951.
People
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February 1, 2017 |
People
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February 1, 2017 |
People
Paul C. Hendren, 74, of Champaign and formerly of Carthage, died Wednesday, Jan. 11, 2017, while in hospice care at Carle Foundation Hospital, Urbana, from viral encephalitis.
Paul was born Sept. 28, 1942, at Fort Riley, Kan., son of the late Dr. Paul and Nancy Grosboll Hendren. His family lived in the Stadium Terrace housing outside Memorial Stadium after World War II while his father prepared to be a member of the first class of Veterinary Medicine at the University of Illinois. The family moved to Carthage in 1952.
Paul graduated from the University of Illinois in 1964, with honors in sociology. He was a member of Delta Upsilon fraternity and was business manager of the Illio yearbook.
He graduated from University of Illinois Law School in 1967, where he wrote for the Law Review and was named to the Order of the Coif Honorary.
After four years in the U.S. Army JAG Corps, including service in Vietnam, he worked for Capps & Ripple Law Firm in Carthage before joining the law firm of Williamson & Miller (now Miller & Hendren) in Champaign.
Paul always considered himself an office lawyer, who enjoyed helping ordinary people with their legal matters. He served as attorney for several villages in the Champaign area.
Paul was a past president of the Champaign County Bar Association and was named a Pillar of the Bar in 2015. He served many years as a hearing officer for the Illinois Attorney Registration and Disciplinary Commission.
He was active in the Champaign Lion’s Club and St. John Lutheran Church.
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February 1, 2017 |
People
Stephen B. Luzbetak "Steve", age 79, of Lockport, passed away suddenly Friday, January 13, 2017 at Silver Cross Hospital.
He was born in Joliet and was a lifelong Joliet-Lockport resident. An active Partner with Luzbetak and Caneva Law Firm in Lockport, which in 2016, celebrated 50 years of practice in Lockport. Member of the Will County and State Bar Associations; formerly was the Attorney for Ludwig, Kelvin Grove, Fairmont, Chaney-Monge school districts, the Lockport Fire District, the Fire District Foundation and the Channahon Park District and is presently the Attorney for the Lockport Park District.
Steve started his career at Legal Aid in Chicago; was active in politics, served as Democratic Committeeman and Joliet Township Supervisor, served on the Will County Board for 10 years, first from Joliet, then from Lockport, losing by 1 vote in the battle for Chairman of the Will County Board in the 101 ballot vote; he ran for Will County Recorder of Deeds and Judge of the Circuit Court; was member and past president of both the Lockport Rotary Club and Lockport Chamber of Commerce, served 25 years on the Lockport Old Canal Days Committee and served on the boards of the Will County Historical Society, American Cancer Society and the United Way.
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February 1, 2017 |
People
Walter Gerald Nelson, 87, of Bloomington, distinguished attorney, enthusiastic but inexpert golfer and outstanding citizen of the world, died January 6, 2017 at St. Joseph Medical Center surrounded by his family.
Walter was born January 2, 1930 in Peoria, IL, the only son of Walter and Hazel Nelson. He married Mary Ann Olberding on January 28, 1952. She preceded him in death. He married Mary Jo Sunderland on April 6, 1991 in Peoria, IL.
He is survived by his seven children: Ann (Mike) Larkin, Leland, NC; Mike (Pat) Nelson, Bloomington; Sue (Jay) Boor, Springfield, Pat (Lori) Nelson; Mackinaw, Tom (Tracey) Nelson, O’Fallon, MO; Tim (Lorraine) Nelson, Canton, MA; and Molly (Dave) Edwards, Bloomington; 19 grandchildren and 13 great-grandchildren as well as Mary Jo's children: Steve (Mary) Sunderland, Kevin (Tamie) Sunderland, Tom (Judy) Sunderland, Colleen (Chuck) Hubert, Maureen (Bob) Grubbs, and Teresa (George) Girardi, 19 grandchildren and 5 great-grandchildren.
He was preceded in death by his parents, wife Mary Ann, daughter-in-law Robbin Nelson, and great-granddaughter Emily Nelson.
Walter graduated from St. Bernard’s Grade School and Spalding High School in Peoria, where he participated in football, baseball, and basketball. He captained Nelson’s Nine Nasty Nosepickers to the softball league championship.
He completed his pre-law education at St. Benedict’s College in Atchison, KA and Bradley University in Peoria, where he was a cheerleader senior year. He received his Juris Doctorate from Creighton University in Omaha, NE.
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January 31, 2017 |
People
Chief Justice Lloyd A. Karmeier and the Illinois Supreme Court have announced the appointment of Carbondale attorney and ISBA Board of Governors member Carey C. Gill as an at large Circuit Judge in the First Judicial Circuit. Ms. Gill was appointed to fill the vacancy created when Judge James R. Moore was elected to the Fifth District Appellate Court in the November 2016 general election.
The appointment of Ms. Gill takes effect on February 17, 2017, and will conclude on December 3, 2018, when the vacancy will be filled by the winner of the November 2018 general election.
"I am thankful to Chief Justice Karmeier and the Supreme Court for appointing me to the Circuit Court,” Ms. Gill said. “I am honored to have this opportunity and recognize the great responsibility to both the profession and the community associated with serving on the bench.”
Chief Justice Karmeier recommended the appointment to the full Court following a review of applicants by a six-person screening committee, which included the Hon. Stephen Spomer, retired Justice of the Illinois Appellate Court, Fifth District; Tambra Kay Cain, Esq., Johnson County State’s Attorney; the Hon. Terry Foster, retired judge and attorney at Kruger, Henry & Hunter in Metropolis; attorney Kara Lynn Jones of Feirich, Mager, Green & Ryan, Carbondale; attorney Michael Oshel of the Harrisburg law firm Oshel Law, P.C.; and attorney William F. Sherwood of Southern Illinois Healthcare.
1 comment (Most recent February 2, 2017) -
January 30, 2017 |
People
Justice John J. Stamos, who served as an Illinois Supreme Court Justice from 1988 to 1990, passed away on Saturday, January 28, in Northbrook. He was 92.
“On behalf of the Illinois Supreme Court, I would like to express my deepest condolences to the family, friends and former colleagues of Justice John J. Stamos," Chief Justice Lloyd A. Karmeier said. "Justice Stamos was an outstanding lawyer and judge who distinguished himself both on the appellate court and as a member of the Supreme Court of Illinois.
"Justice Stamos is perhaps best known as the author of In re Himmel, 125 Ill.2d 531(1989). Decided in the wake of Operation Greylord, In re Himmel affirmed that all members of the Illinois bar are under an obligation to report lawyer misconduct or the misconduct of others directly observed in the practice of law or the administration of justice. The case has been cited hundreds of times in the legal literature and has had a profound and positive impact on how lawyers conduct themselves in Illinois and throughout the United States. The people of our State owe him a debt of gratitude for his unwavering commitment to the highest principles of justice. He will be missed."
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January 25, 2017 |
People
Hinshaw & Culbertson LLP is pleased to announce that Kenneth E. Yeadon has joined the firm as a partner in the Chicago office. Previously an Assistant U.S. Attorney for the Northern District of Illinois and a Senior Attorney with the U.S. Securities and Exchange Commission’s Division of Enforcement, Yeadon will focus his practice on government investigations and securities litigation, internal investigations, compliance counseling, health care fraud, tax fraud and other complex business disputes.
"I'm very pleased to welcome Ken to Hinshaw and our White Collar Defense and Internal Investigations team," said Sergio Acosta, Practice Group Leader of the firm's Government Practice Group. "He brings to the table a tremendous amount of experience in conducting high level investigations and prosecutions on behalf of government law enforcement and regulatory agencies."
Yeadon has led investigations with the FBI, SEC, CFTC, IRS, FDA, and DOL, involving securities and commodities violations, the Foreign Corrupt Practices Act (FCPA) health care fraud, tax fraud, bank fraud, wire fraud, bribery, money laundering, and trade secret theft. Prior to joining the U.S. Attorney's Office in Chicago, he served as a Senior Attorney in the Division of Enforcement for the U.S. Securities & Exchange Commission, where he conducted a series of high-profile investigations and enforcement actions involving investment advisers, broker dealers, officer and director liability, mutual funds, insider trading, and other complex financial fraud.
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January 19, 2017 |
People
Roscich & Martel Law Firm, LLC, located in Naperville, Illinois, is pleased to announce the hiring of Associate Attorney Adam Wirtz, and Attorney John L. Fioti who will serve as of counsel to the firm.
Naperville Attorney Adam Wirtz will concentrate his practice in personal injury, civil litigation, and criminal and traffic law. He also has extensive experience in handling family law and collections matters.
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January 17, 2017 |
People
On June 1, 2011, the day the Illinois Civil Union Act was enacted, Attorney Maximillienne “Max” Elliott launched a solo wills and trusts practice to serve families and individuals who were generally overlooked by lawyers.
“I always wanted to serve, in a significant way, people who were marginalized because they were erroneously perceived as not needing estate or business planning legal services,” Attorney Elliott explained.
So, at age 50, Max Elliott started her legal career and 5 years later she has received numerous honors from diverse groups.
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January 17, 2017 |
People
S. Jason Teele is a trusted senior-level attorney with 15 years of experience representing clients in financial restructuring, distressed asset sales, creditors’ rights, litigation, and corporate and commercial matters. He represents corporations, boards and board committees, management teams, creditors’ committees, and high-net-worth individuals in a broad range of areas, including the telecommunications, entertainment, media, manufacturing, transportation, health care, the arts, chemical, and financial services industries.