When facing corporate oppression, selecting the right legal representation is crucial. Lubin Austermuehle stands out as a firm capable of effectively handling such complex legal matters. Here’s why you should consider them for your corporate oppression case: 1. Concentration in Corporate Law Lubin Austermuehle possesses a deep understanding of corporate law, including…
Articles Posted in Best Business And Class Action Lawyers Near Chicago
Navigating Fair Compensation in Closely Held Companies: The Legal Implications of Excessive Salaries
In closely held companies, particularly LLCs and corporations with a limited number of shareholders, the issue of compensation for owners and shareholders can be a legal minefield. A significant concern arises when majority owners, often also serving as executives, award themselves excessively high salaries or compensation. This practice, while appearing…
Hire Lubin Austermuehle to Represent You in a Tortious Interference Lawsuit
In Illinois, the elements of tortious interference with prospective business relationships are as follows: 1) A reasonable expectation of the plaintiff entering into a valid business relationship. 2) The defendant’s knowledge of this expectancy. 3) The defendant’s intentional and unjustifiable interference, causing a breach or termination of the expectancy. 4)…
Five Year Oral Statute of Limitations Applies to Mixed Oral or Written Contracts
The statute of limitations that applies to a contract that is both oral and written is generally that of an oral contract. This is because if essential terms of the contract cannot be fully ascertained from the written contract itself and require oral evidence to be complete, it is treated…
Choosing the Best Law Firm to Represent You in a Corporate Oppression Matter
Choosing the best attorneys for a corporate oppression matter in Illinois involves considering several factors. Look for a legal team with extensive experience in corporate law and specifically in handling shareholder disputes and oppression cases. They should have a strong track record of successfully advocating for minority shareholders’ rights. Also,…
Illinois Has Two Different Rules to Obtain Dismissal of a Civil Suit
Illinois has two rules that can be used to dismiss cases which allows for more flexibility in defending some actions then in federal court where there is only one means to seek dismissal of an action. A Section 2-615 motion to dismiss and a Section 2-619 motion to dismiss under…
Why Choose Lubin Austermuehle for Your Chicago Area Business or Commercial Litigation Matter
Choosing Lubin Austermuehle for business litigation offers several compelling advantages. Firstly, the firm is known for its commitment to achieving significant victories and effecting change for clients and the community. This dedication is reflected in the firm’s ability to deliver high-quality services with a level of personal attention that is…
Pleading Citizenship in Illinois Federal Courts For Diversity of Citizenship For LLCs
Diversity of citizenship cannot be asserted merely on information and belief when it comes to the members of a Limited Liability Company (LLC). For diversity jurisdiction purposes, the citizenship of an LLC is determined by the citizenship of each of its members. A simple declaration of diversity of citizenship is…
New Developments in Illinois Civil Law in 2023
In 2023, there were several significant developments in Illinois civil case law. The case of “PPP-SCH Inc. v. SVAP Hoffman Plaza, L.P.” clarified that a voluntary dismissal disposing of all remaining claims in a case makes appealable those orders preceding the voluntary dismissal that were “final in nature”. However, this…
Why Experience Matters: Hiring an Illinois Consumer Rights Lawyer for Auto Dealer Fraud Cases
Buying a used car, truck, or SUV should be an exciting experience, but all too often, consumers find themselves facing fraud and deceptive practices by unscrupulous auto dealers. When you’re caught in the web of auto dealer fraud, it’s crucial to have a skilled and experienced Illinois Consumer Rights Lawyer…