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$15 Million Settlement

We don’t always hear the numbers when cases are settled, so the news release that a $15 million settlement was okayed in Cook County, Illinois seemed to be a noteworthy news byte.

The ruling was in favor of the Chicago restaurant executive Michael Waugh who was killed in a 2006 crash.

Waugh, general manager of Joe’s Seafood, Prime Steak and Stone Crab Restaurant, was en route from Olathe, Kansas, when the Cessna 421B he was in crashed.

A major point in the case was that the plane was piloted by a Morgan Stanley senior financial advisor, who was not a professional pilot.

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