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Freeze-Out Tactics: The Reverse Stock Split

Majority shareholders use various time-tested methods to freeze out minority shareholders. One such these tactic is the reverse stock split.

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ESI Discovery Issues in Business Litigation

Electronically stored information (ESI) has revolutionized the business world. Unfortunately, the law has not entirely caught up.

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Resetting the Statute of Limitations for Breach of Fiduciary Duty?

Generally speaking, a “fiduciary” relationship occurs where one person holds or manages assets for another’s benefit.

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Injunctive Relief for Anticipatory Breach of Contract in the Wrigley Rooftops Lawsuit

Most 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.

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When Should Commercial Litigation Go to Federal Court?

Commercial litigants need a litigation strategy before filing suit. Part of that strategy involves targeting the proper court to hear your claim.

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Important New Collection Case

On 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”). 

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FAQs About Receiverships

What 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.

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Sophisticated Asset Recovery Seminar

Andrew 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.

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Sophisticated Asset Recovery

On October 2, 2014, I participated in a seminar called Sophisticated Asset Recovery put on by the Illinois Institute of Continuing Legal Education

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Andrew Schwartz Discusses Limited Liability Companies with IICLE

In 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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