We represented the Chicago Board of Trade and its Directors in litigation in the federal, Illinois, and Delaware courts over the CBOT’s demutualization and were architects of a 2004 court-approved class action settlement of a dispute between members that was quickly followed with the CBOT’s restructuring into a public company. We then played an active role in the historic merger between the CBOT and Chicago Mercantile Exchange and litigation relating to the merger. In the process, the value of each full member’s equity in CBOT rose from less than $400,000 to over $7 million.
