By Thomas J. Kanyock | Published March 23, 2015 | Posted in Corporate Litigation | Tagged Tags: freeze out, litigation, reverse stock split | Leave a comment
Majority shareholders use various time-tested methods to freeze out minority shareholders. One such these tactic is the reverse stock split.
Read MoreElectronically stored information (ESI) has revolutionized the business world. Unfortunately, the law has not entirely caught up.
Read MoreGenerally speaking, a “fiduciary” relationship occurs where one person holds or manages assets for another’s benefit.
Read MoreMost contract litigation occurs after a breach, when the harm has already occurred. In such cases, the remedy can include monetary damages for losses and equitable relief to prevent future losses.
Read MoreCommercial litigants need a litigation strategy before filing suit. Part of that strategy involves targeting the proper court to hear your claim.
Read MoreOn November 5, 2014, the Illinois Appellate Court, First District, preliminarily released its opinion in Wells Fargo Bank Minnesota, NA v. Envirobusiness, Inc., 2014 IL App (1st) 133575, which provides important guidance on several aspects of collection law under §2-1402 of Illinois’ Code of Civil Procedure (“Code”).
Read MoreWhat is a “receiver”? A “receiver” is a court officer appointed to protect property in dispute during the pendency of a lawsuit. As a court officer, a receiver has no discretion or personal control over the property he holds, but must obey court orders.
Read MoreAndrew Schwartz discussed the use of charging orders in cases where a member of the limited liability company or the company is the judgment debtor in a seminar titled Sophisticated Asset Recovery put on by the Illinois Institute of Continuing Legal Education.
Read MoreOn October 2, 2014, I participated in a seminar called Sophisticated Asset Recovery put on by the Illinois Institute of Continuing Legal Education
Read MoreIn the presentation titled “Charging Orders: Enforcement Against Members & Their LLCs,” Andrew Schwartz shared insights about creditors, debtors and limited liability companies with the Illinois Institute for Continuing Legal Education on October 2, 2014.
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