By Andrew R. Schwartz | Published December 7, 2020 | Posted in Commercial Litgation, Contract Law, Legal Processes | Comments Off on Literally Taking the Case
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Literally Taking the Case
In their December 2020 Illinois Bar Journal article, attorneys Andrew R. Schwartz and John Cerney present the following scenario: Without first consulting its lawyers, your firm’s major client, Hapless Client, LLC, entered into a horrible one-sided contract with Sketchy Business, Inc. To make matters worse, Sketchy just filed a contract claim against Hapless to enforce that contract, Read More
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Business Interrupted? There May be Coverage
Business Interrupted? There May be Coverage By John Cerney On March 15, 2020, Governor J.B. Pritzker declared a public health emergency throughout Illinois closing all “non-essential businesses” to address the COVID-19 pandemic. Many businesses insure against losses incurred due to unforeseen events like the pandemic through “business interruption coverage.” Many businesses have submitted claims for Read More
Read MoreTom Kanyock Shares Business and Corporate Litigation Insights in ABA Publication
Tom Kanyock shared insights as a contributing author in Recent Developments in Business and Corporate Litigation published by the American Bar Association’s Business and Corporate Litigation Committee.
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Is the Extension of Illinois’ Stay-at-Home Order Legal?
To combat the COVID-19 pandemic, on March 9, 2020, Illinois Governor J.B. Pritzker issued a disaster proclamation as to all Illinois counties. On March 21st at 5:00 pm, Pritzker ordered our citizens “to stay home” based upon the disaster proclamation.
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How Will Coronavirus Affect Contractual Relationships and Obligations?
The coronavirus pandemic has disrupted practically every aspect of American life. Whether closed by government order or public safety concerns, millions of businesses around the country have come to a screeching halt.
Read MoreTom Kanyock Shares Insights on Direct vs. Derivative Standing Issues
Tom Kanyock discussed direct vs. derivative standing issues in Illinois and Delaware during a presentation for the Chicago Bar Association’s Business Divorce and Complex Ownership Committee.
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Claims Against Benefit Plan Sponsors Grow More Sophisticated
Lawsuits against sponsors of retirement plans have been fairly common over the past decade. Typically, these claims involved relatively obvious violations, like excessive costs, negligent oversight and other types of blatant mismanagement.
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Fired Agent Files Suit in Illinois Against Baseball Star’s Financial Adviser
J.D. Martinez of the Boston Red Sox is a Major League Baseball All-Star who earned more than $23 million during the 2019 season. Sports agents battle fiercely to represent players with that level of stature and salary. However, a prominent Chicago agent claims that a third-party financial adviser led Martinez to terminate his contract prematurely. Read More
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Fraudulent Transfer Questions Cast Doubt on Oxycontin Settlement
A tentative settlement involving Purdue Pharma, the maker of Oxycontin, received great fanfare in the media, with the company claiming that it will pay at least $10 billion “to address the opioid crisis.”
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Court Bars Business Oppression Even Though Shareholders Were in Litigation
Business oppression occurs when the shareholder majority exercises its voting power to abuse the ownership rights of the minority.
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