Harold Rosen represents clients in commercial, financial and real estate transactions. He is also an experienced litigator whose more than 30 years of experience includes regular appearances in the Illinois state courts and in the United States District Courts. He has argued appeals in both the Illinois Appellate Courts and in the United States Court of Appeals for the Seventh Circuit.
Among his recent accomplishments, Harold:
- Successfully defended the financial advisor to an original ESOP trustee against a subsequent trustee’s claims of improper valuation. The subsequent trustee’s claims were settled for no money and $400,000 worth of stock in the ESOP owned company was given to the financial advisor to settle its claim for indemnity from the company. Then, the new ESOP trustee who settled the case hired Harold to defend against intentional interference claims in a lawsuit brought by the terminated Chairman and CEO of the company. The terminated Chairman and CEO also did not prevail.
- Negotiated a settlement of a municipality’s complaints concerning infrastructure issues in a manufactured home community by entering into an agreement with the municipality to create a Special Service Area, sell bonds to fund the requisite improvements, and look to real estate tax revenues from the property to repay the bond obligation.
- Worked with local counsel in the Netherlands to obtain dismissal of claims brought in Dutch court against an expert witness who testified in proceedings before an international tribunal.
- Represented a client in transactions involving the creation of an entity to own and operate a surgery center, negotiating and finalizing agreements with a lender to provide working capital for the new entity, and working out agreements with the landlord regarding assumption of leases.
- Successfully defended a company engaged in the sale and distribution of coded wire that hired a salesmen who had a restrictive covenant with his former employer. The former employer sued to enforce the restrictive covenant. An evidentiary hearing was held on the former employer’s petition for a preliminarily injunction. The preliminarily injunction was denied. The case immediately settled very favorably for the client.