Patrick Media Group, Inc. v. City of Chicago

In this appeal, we are asked to review a decision of the circuit court which reformed a contract entered into by the parties. We agree with the circuit court and affirm.

In August 1969, plaintiff, Patrick Media Group, Inc., “successor in interest” to Foster & Kleiser, a division of Metromedia, Inc., contracted with defendant, the Chicago Transit Authority (CTA), for the sole and exclusive rights to place and handle advertising upon the CTA’s elevated structures. The 1969 agreement later was supplemented by a 1971 agreement. That agreement ran from January 1, 1971, until December 31, 1980. The…