Jury gives millions to man who was injured in 2005 taxi crash
A successful former partner at a Chicago real estate firm was awarded more than $20 million in damages in a crash that left him with severe permanent brain damage.
Two personal injury law firms came together Wednesday to obtain the $25.9 million verdict for Marc M. Jacobs, who was injured in a taxi crash 10 years ago, according to a news release.
In August 2005, Jacobs was riding in a taxi back to his Hinsdale home. The taxi was speeding on I-294 as it exited at Ogden Avenue, the release said, and it ended up on a grass drainage area near the ramp and then zoomed 32 feet through the air and crashed into a concrete barrier.
Jacobs ended up with severe, permanent brain damage and after surgeries and rehabilitation, he could not continue his work in the same way at his real estate firm.
The jury assessed $25.9 million in damages to Jacobs and $4.5 million to his wife, the release said. These amounts were lowered by 12 percent "attributable to Marc Jacobs' negligence" for a total of $21,989,291 to Jacobs and $3,960,000 to his wife.