Reid M. Bolton
Bartlit Beck LLP, 2011-Present, Partner (since 2016)
McKinsey & Company, Atlanta, 2004-2007, Consultant
Specialized in electrical energy production and distribution as well as governmental reform in emerging markets
Cases tried or otherwise taken to judgment
Rauner v. Kirkpatrick (Confidential AAA Arbitration) and Kirkpatrick v. Rauner (Cook County Circuit Court) (2018)
Trial counsel for Bruce Rauner (former Illinois Governor and former managing partner of private equity firm GTCR) in arbitration related to his investment as a limited partner in a private equity fund. The dispute centered on whether the general partner (Kirkpatrick) breached his fiduciary duties by deviating from the partnership agreement's waterfall provision. The case was tried to a final arbitral award, but the results are confidential. Kirkpatrick attempted to litigate a portion of the dispute in the Cook County Circuit Court, but we successfully moved to compel arbitration
Spirit AeroSystems v. Boeing (Superior Court, King County, WA)
Represented Spirit AeroSystems in $365 million breach of contract dispute with Boeing relating to Boeing’s underpayments and certain warranty claims associated with parts Spirit manufactured for Boeing aircraft. Shortly after Spirit defeated Boeing’s motion to dismiss, the parties settled and resolved most of the claims, and agreed to dismiss the suit.
FortuNet Inc. v. Gaming Arts LLC (Clark County, NV 2017-18)
Lead trial counsel for Gaming Arts in fraud, breach of contract, and unfair competition lawsuit related to sales agreement and bingo paper supply contract. Successfully defeated FortuNet’s fraud claim after six day bench trial in February 2018. Second phase of trial led to jury verdict against Gaming Arts. The Court reversed the jury’s verdict on Gaming Arts’ claim for breach of the implied duty of good faith and fair dealing due to manifest disregard of the Court’s instructions. Retrial on that claim is scheduled for 2020.
Equal Employment Opportunity Commission v. Texas Roadhouse (D. Mass. 2017)
Trial counsel for landmark pattern or practice age discrimination claim brought by EEOC against national restaurant chain. After three-week jury trial in January 2017, case ended in a mistrial because jury was deadlocked after deliberating for one week. Law360 coverage here. Case settled very favorably before retrial.
Spirit AeroSystems v. Gulfstream (AAA / ICDR Arbitration, New York, NY 2014-2015)
Trial counsel for Spirit Aero against Gulfstream. Both parties alleged hundreds of millions of dollars of breach of contract damages. After a three-week arbitration hearing that included opening statements and testimony from dozens of witnesses, the case settled on favorable terms before the Panel issued a ruling.
Confidential AAA Arbitration (New York, N.Y. 2012-2013)
Trial counsel for “Big Four” accounting firm in AAA arbitrations against former executives of Fortune 100 company. Plaintiffs alleged our client’s tax shelter advice led to hundreds of millions of dollars in damages.
Chicago Loop Parking v. City of Chicago (AAA arbitration 2012)
Pro Bono trial counsel for the City of Chicago in an arbitration that Chicago Loop Parking (Morgan Stanley) brought against the City in connection with the Millennium Park Garages. In 2006, Morgan Stanley paid the City $563 million in exchange for a 99 year concession to operate the garages under Millennium Park and Grant Park on the City’s lakeshore. Morgan Stanley filed a claim in arbitration for $200 million related to the City’s permitting the Aqua building (North of Millennium Park) to accept parkers whose destinations are outside of the Aqua building itself. After a week-long arbitration in October 2012 before a panel of three arbitrators, the Panel rejected Morgan Stanley's claim for $200 million, awarding only one quarter of the amount sought.
Baycol False Claims Act Litigation (District of Minnesota)
Counsel for Bayer in qui tam litigation brought by a former employee relating to Baycol. On Bayer’s motion, Court dismissed suit with prejudice in 2011.
Schindler Elevator v. Otis Elevator (District of New Jersey)
Counsel for Otis in patent infringement lawsuit concerning elevator belts. Case was settled on favorable terms after the Markman hearing.
Acknowledgements, presentations, and publications
Anti-Dumping and Distrust: Reducing Anti-Dumping Duties under the W.T.O. through Heightened Scrutiny, 29 Berkeley J. Int'l Law. 66 (2011)
The Legality of Traffic-Stop Prolongations After Herring: Brief Delays as Isolated Negligence, 76 U. Chi. L. Rev. 1781 (2010)