Gardner Carton & Douglas and one of its former attorneys “have been sued for legal malpractice and breach of fiduciary responsibility in connection with the 2004 sale of the Scholl College building on the city’s Gold Coast.”
“The North Chicago-based medical school alleges that Mr. Loren conspired with Stuart Levine, who then headed the school’s real estate committee, to sell the property at 1001 N. Dearborn St. to Smithfield Properties LLC in a “friendly deal” that would have netted much less than what rival bidders said they would have offered. “