Peter M. King

Peter M. King

Attorney Profile

Top Rated Business Litigation Attorney in Chicago, IL

Canel King & Jones
 | 70 West Madison Street, Suite 3970
Chicago, IL 60602
Phone: 312-372-4142
Fax: 312-372-6737
Selected To Super Lawyers: 2016 - 2020
Licensed Since: 1982
Practice Areas:
  • Business Litigation (80%),
  • Civil Rights (10%),
  • General Litigation (10%)
Attorney Profile

I enjoy creating a game plan for a case and then executing it to bring a case to a successful conclusion. The best way to accomplish that result is to thoroughly research your case both factually and legally at the outset.  There is nothing more satisfying than crafting a plan for a case and seeing it come to fruition.

About Peter King

Admitted: 1982, Illinois

Professional Webpage: http://www.ckj-law.com/PeterKing.php

Special Licenses/Certifications:

  • Certified Public Acountant, 1979

Scholarly Lectures/Writings:

  • Co-Author, "Crimes of the State: Obtaining Justice for the Wrongfully Imprisoned", ABA Litigation Magazine, Fall, 2002.

Verdicts/Settlements:

  • In 2019, a Florida court granted summary judgment for our client, a personal representative of a large estate, on claims of breach of fiduciary duty seeking damages in excess of $20,000,000., 2019
  • I was appointed to represent James Marshall, a Burge torture victim, in his post-conviction proceedings. On February 8, 2019, following a full evidentiary hearing, the Circuit Court granted James's post-trial motion and he was freed from prison after serving 30 years for a crime he did not commit. The People of the State of Illinois v. James Marshall, Case No. 88 CR 18817 (Circuit Court of Cook County, Illinois)., 2019
  • In 2013 I successfully defended the directors of a venture capital firm in a suit brought by a minority shareholder seeking over $30,000,000 in damages, under Delaware law. After an eight day bench trial the trial judge issued an opinion holding for my clients on every claim., 2013
  • In 2012, I obtained a multimillion dollar settlement for my client  who was involved in a management consulting business and had been denied his share of the firm's profits. , 2012
  • In 2003, I successfully prosecuted and settled a claim on behalf of trust beneficiaries against a bank trust department for mismanaging the beneficiaries' trust assets., 2003
  • In June 2004, I obtained an injunction in the Circuit Court of the Fifth Judicial Circuit in Marion County, Florida for a philanthropist who had donated a museum, artwork and millions of dollars to a large university foundation.  My client alleged a breach of a promise to care for the Museum in perpetuity in exchange for the gift. The Circuit Court required the foundation to fund and maintain the Museum pending the final disposition of the case. The case settled during the appeal of the injunction order., 2004
  • I have tried to verdict, many arbitrations involving securities disputes, shareholder disputes and breach of contract claims. Arbitration awards are typically upheld.  I had an arbitration award reversed in my clients favor by the Illinois Appellate Court in First Merit Realty Services v. Amberly Square Apartments, L.P., 373 Ill. App. 3d 457, 869 N.E. 2d 394 (1st Dist. 2007) , 2007
  • Together  with the Dallas firm of Jackson Walker LLP I successfully prosecuted a claim based on a breach of a joint venture agreement to distribute beer, wine and spirits in Illinois, culminating in a settlement in 2013., 2013
  • In 2012, a jury returned a verdict in my clients favor on a legal malpractice claim I was defending where the plaintiff was seeking over $12,000,000.00. , 2012
  • In 2003, I obtained a reversal from the 7th Circuit Court of Appeals of a dismissal of a large industrial customer's antitrust claims against the largest natural gas utility in Indiana. The case subsequently settled. Midwest Gas Services v. Indiana Gas Co., 317 F.3d 703 (7th Cir. 2003), 2003
  • Together with Gerry L. Spence of Jackson, Wyoming, I represented Dennis Williams, one of the "Ford Heights Four," in a malicious prosecution case against Cook County, Illinois and certain sheriff's deputies. Mr. Williams spent 18 years in prison, 15 of those on death row, for a crime he did not commit. All four cases were settled in April 1999 for $36,000,000. Williams v. County of Cook, Case No. 97 L 4886 (Circuit Court of Cook County, Illinois)., 1999
  • I favorably settled, during a jury trial, my client's claim that he was defrauded into executing a $4,000,000 promissory note. , 2015
  • In 2011, I settled a mulitmillion dollar insurance property damage claim for our client, a nationally known antique furniture dealer., 2011
  • In 2010, I settled a damage claim for unit holders of a Delaware LLC alleging the failure to timely provide books & records. Plaintiffs claimed defendant's failure to provide the timely books & records caused Plaintiffs to lose the window to sell their interests prior to the 2008 recession. The litigation resulted in Plaintiffs being able to sell their units for a multiple of their purchase price., 2010
  • In 1999, together with my since retired partner, I obtained a jury verdict in excess of $18 million against a general partner of a limited partnership for breach of fiduciary duty. The claim against the general partner involved overcharges on related party loans. The trial court added over $6 million in equitable prejudgment interest. The case was settled after an appeal., 1999
  • In 2001, I successfully defended a shareholder of a closely held corporation in a preliminary injunction trial in St. Louis County, Missouri. The plaintiff sought our client's ouster from his corporate offices in a breach of fiduciary duty case involving a dispute over management fees and dividend distributions., 2001
  • I tried to a jury, a squeeze out of a minority shareholder claim in Illinois and obtained a verdict in favor of my client, the minority shareholder., 2015

Representative Clients:

  • I typically represent businesses and entrepreneurs in business disputes, as well as business partners in diputes with their business partners.  I have also represented two of the Big Four in accounting malpractice cases. My practice is very diverse in the trial arena as the above description of my verdicts and settlements reflects.  My clients come to me with a variety of problems because they trust me. 

Educational Background:

  • Illinois Institute of Technology Chicago-Kent College of Law, Chicago, Illinois, 1982 Doctor of Jurisprudence Honors: Cum Laude Honors: Member of the National Trial Advocacy Team, 1982. University of Illinois, Chicago, Illinois, 1978 B.S. Trial Lawyers College, Dubois, Wyoming, September, 2010
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Office Location for Peter M. King

70 West Madison Street
Suite 3970
Chicago, IL 60602

Peter M. King:

Last Updated: 10/8/2019

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