Buntrock v. Terra

PRESIDING JUSTICE CAMPBELL

delivered the opinion of the court:

Defendants, Judith Terra, Paul Tucker and Alan K. Simpson 1 , are three former directors of the Terra Foundation for the Arts (the Foundation), a not-for-profit corporation that operates an art museum in Chicago. The defendant directors appeal from a court-ordered settlement that terminated the litigation by plaintiffs, Dean Buntrock and Ronald Gidwitz, two other directors of the Foundation, and by the plaintiff-intervenor, the office of the Illinois Attorney General. On appeal, the defendant directors contend that the trial court…