By Andrew R. Schwartz | Published July 1, 2026 | Posted in Business litigation | Tagged Tags: assets, Breach, fiduciary, partnership | Comments Off on Legal Remedies for Breach of Fiduciary Duty in a Business Partnership
Legal Remedies for Breach of Fiduciary Duty in a Business Partnership
Breach of fiduciary duty means a partner has failed to act in the best interests of the partnership and its other members. The law imposes fiduciary duties on partners because they are entrusted with managing shared assets, making key decisions and conducting business in ways that profoundly affect one another. A partner’s fiduciary duties generally Read More
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Collecting Personal Injury Judgments When Insurance is Inadequate
Obtaining a personal injury judgment is only part of the battle for a plaintiff. Collecting that judgment, especially when the defendant has inadequate insurance coverage, presents distinct and significant challenges. Personal injury attorneys must navigate a complex set of procedures to maximize recovery for their clients, often employing a combination of statutory remedies and practical Read More
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Spotting the Signs of Fraudulent Transfers
Imagine a scenario where a debtor, facing mounting financial pressure, strategically transfers assets to avoid paying what is owed. The dissipation of resources to hinder creditors from collecting their debts is known as a fraudulent transfer. The Illinois Uniform Fraudulent Transfer Act (IUFTA) allows creditors to challenge transfers made by debtors with the intent to Read More
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Out-Of-State Judgment Creditors FAQs
Much of our practice focuses on helping out-of-state judgment creditors collect debts from debtors with assets in and around the Chicago metropolitan area. This blog post addresses a number of FAQs that we get from time to time.
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