Chicago Restaurant Management Group, LLC v. Great American Insurance Co.

2025 IL App (1st) 232353
CourtAppellate Court of Illinois
DecidedMarch 5, 2025
Docket1-23-2353
StatusPublished

This text of 2025 IL App (1st) 232353 (Chicago Restaurant Management Group, LLC v. Great American Insurance Co.) is published on Counsel Stack Legal Research, covering Appellate Court of Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Chicago Restaurant Management Group, LLC v. Great American Insurance Co., 2025 IL App (1st) 232353 (Ill. Ct. App. 2025).

Opinion

2025 IL App (1st) 232353 No. 1-23-2353 Opinion filed March 5, 2025 Third Division ______________________________________________________________________________

IN THE APPELLATE COURT OF ILLINOIS FIRST DISTRICT ______________________________________________________________________________ CHICAGO RESTAURANT MANAGEMENT GROUP, ) Appeal from the LLC, DAVID FLOM, and MATTHEW MOORE, ) Circuit Court of ) Cook County. Plaintiffs-Appellees, ) ) v. ) No. 20 L 13791 ) GREAT AMERICAN INSURANCE COMPANY and ) AON RISK SERVICES CENTRAL, INC., ) ) Defendants ) ) (Great American Insurance Company, Defendant- ) Honorable Appellant, and Aon Risk Services Central, Inc., ) Catherine A. Schneider, Defendant-Appellee). ) Judge, presiding.

PRESIDING JUSTICE LAMPKIN delivered the judgment of the court, with opinion. Justices Reyes and Martin concurred in the judgment and opinion.

OPINION

¶1 Defendant Great American Insurance Company (Great American) denied a claim for

coverage filed by the insureds—plaintiffs Chicago Restaurant Management Group, LLC (Chicago

Group), David Flom, and Matthew Moore—which claim was based on an underlying arbitration

demand against them. Plaintiffs sued Great American, seeking a declaration that they were entitled No. 1-23-2353

to coverage and alleging, inter alia, a claim of breach of contract. Plaintiffs also sued their

insurance broker, defendant Aon Risk Services Central, Inc. (Aon), alleging claims of professional

negligence and negligent misrepresentation.

¶2 Great American filed a counterclaim against plaintiffs, seeking a declaration that it had no

duty to defend or indemnify them regarding either an earlier underlying lawsuit, for which

plaintiffs never gave notice to Great American and never sought coverage, or the arbitration

demand that was the basis of plaintiffs’ coverage claim.

¶3 Great American moved for summary judgment, and plaintiffs filed a cross-motion for

partial summary judgment. Relevant to this appeal, the circuit court granted summary judgment in

favor of plaintiffs and against Great American on plaintiffs’ declaratory relief and breach of

contract claims. The court also granted summary judgment in favor of plaintiffs and against Great

American on Great American’s counterclaim regarding the arbitration demand.

¶4 On appeal, Great American argues that it is entitled to summary judgment because

plaintiffs’ claim based on the arbitration demand is a “Related Wrongful Act” under the terms of

the policy and shares a “common nexus” or “causal connection” with the earlier underlying

lawsuit, of which plaintiffs never gave Great American timely notice.

¶5 For the reasons that follow, we affirm the judgment of the circuit court. 1

1 In adherence with the requirements of Illinois Supreme Court Rule 352(a) (eff. July 1, 2018), this appeal had been resolved without oral argument upon the entry of a separate written order.

-2- No. 1-23-2353

¶6 I. BACKGROUND

¶7 Plaintiffs Flom and Moore were owners of Chicago Cut Steakhouse, LLC (Chicago Cut)

and members of plaintiff Chicago Group, which develops and manages restaurants. This case

arises from plaintiffs’ attempt to gain insurance coverage, based on an underlying 2019 arbitration

demand against them, under a policy issued by defendant Great American. Defendant Aon was

plaintiffs’ insurance broker at all relevant times.

¶8 Great American issued two separate but substantively identical policies to Chicago Group

for two successive policy periods. Specifically, in July 2017, Great American issued a “claims

made” management liability solutions insurance policy to Chicago Group effective for the period

July 14, 2017, to July 14, 2018 (2017-2018 policy). In July 2018, Great American issued another

management liability solutions insurance policy to Chicago Group, effective for the period July

14, 2018, to July 14, 2019, renewing the 2017-2018 policy terms (2018-2019 policy).

¶9 In April 2018, during the 2017-2018 policy period, four Chicago Cut investors (Michael

Forde, Mark Defife, John Koutoupis, and Frank Phillips), acting individually and derivatively on

behalf of Chicago Cut, filed a lawsuit against plaintiffs in the Cook County Chancery Division,

seeking declaratory relief for access to Chicago Cut’s corporate books and records (the 2018

lawsuit). The 2018 lawsuit described the nature of action as “an action by members of [Chicago

Cut] to enforce their basic and undisputed statutory right to inspect the books and records of

[Chicago Cut] in which they invested and are members.” The investors explained that the 2018

lawsuit was based on their “desire to know the true financial situation of the restaurant and [limited

liability company].”

-3- No. 1-23-2353

¶ 10 The investors based their demand for corporate records on (1) a private placement

memorandum prepared by plaintiffs, (2) Chicago Cut’s operating agreement, and (3) the Limited

Liability Company Act (805 ILCS 180/1-1 et seq. (West 2016)). The 2018 lawsuit set forth two

causes of action seeking only injunctive relief. In count I, the investors sought an injunction

requiring that Chicago Cut’s records be produced and alleged that plaintiffs failed “to produce

these materials *** in violation of their statutory duties.” In count II, the investors brought a

derivative claim seeking an injunction preventing Chicago Cut from paying plaintiffs’ attorney

fees in defending the 2018 lawsuit and alleging that plaintiffs’ failure to provide corporate records

was a “violation of their fiduciary and statutory duties.” The 2018 lawsuit relied on plaintiffs’

alleged practice of providing “very little information about [Chicago Cut’s] finances.” Plaintiffs

did not submit a claim to Great American seeking coverage for the 2018 lawsuit during the 2017-

2018 policy period. Ultimately, plaintiffs produced the books and records that were the subject of

the 2018 lawsuit, so the injunctive relief sought in that lawsuit was not pursued thereafter.

¶ 11 In February 2019, five Chicago Cut investors (John Koutoupis, Noel “Skip” Dunn,

Brendan Gilligan, Mark Defife, and Frank Phillips) individually, derivatively, and as class action

representatives, filed a private arbitration demand against plaintiffs, alleging various tort and

breach of contract claims. The arbitration demand sought over $8 million in damages from

plaintiffs, alleging they had misappropriated at least that amount of Chicago Cut’s corporate funds.

The arbitration demand described the nature of action as:

“[A] derivative action *** to end [plaintiffs’] ongoing breaches of their fiduciary,

contractual and statutory duties, terminate [Chicago Group’s management of Chicago Cut],

-4- No. 1-23-2353

terminate the [Chicago Cut] membership interests of Flom and Moore, recoup millions of

dollars that [plaintiffs] have misappropriated from [Chicago Cut], and prevent [plaintiffs’]

ongoing efforts to pilfer millions of dollars per year from [Chicago Cut].”

¶ 12 As background, the arbitration demand restated, verbatim, certain of the 2018 lawsuit

allegations concerning plaintiffs’ failure to produce records pursuant to the Chicago Cut private

placement memorandum and operating agreement. However, plaintiffs’ failure to produce those

corporate records bore no relationship to any of the relief sought in the arbitration demand. The

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Bluebook (online)
2025 IL App (1st) 232353, Counsel Stack Legal Research, https://law.counselstack.com/opinion/chicago-restaurant-management-group-llc-v-great-american-insurance-co-illappct-2025.