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Articles Posted in Best Business And Class Action Lawyers Near Chicago

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McDonald’s Is Suing Former CEO to Return His $37 Million Severance Package

By now, we’ve all gotten used to hearing stories of high-level executives of huge corporations getting fired for misconduct, and while some people might be glad to see some signs of accountability, it’s usually bittersweet when it gets announced that they received a severance package worth tens of millions of…

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State Court is Proper Forum for Biometric Privacy Case Against AI Company

An AI company harvested publicly available photographs from social media sites across the internet and then used those photographs to derive a biometric facial scan of each individual in the photograph. The company sold this database to law enforcement agencies to use in identifying persons of interest or unknown individuals.…

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Company Who Failed to Receive Assurance of Performance from Supplier Entitled to Purchase Goods Elsewhere Under Contract

A plastics company purchased ingredients from a producer of rubber products for many years under a series of short-term agreements. A few years after signing a long-term agreement, the rubber producer attempted to unilaterally raise the price of the products it was selling to the plastics company. When the plastics…

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The Seventh Circuit Orders Disgorgement of Objectors’ Side Settlements

When a class action settles, class members generally have three options: (1) remain a part of the class, (2) opt-out of the settlement, or (3) object to the settlement. Many courts have bemoaned a perceived rise in the abuse of the third option by class members using a technique commonly…

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Illinois Court Affirms Dismissal of Terminated Employee’s Retaliatory Discharge and Intentional Infliction of Emotional Distress Claims

Terminating an employee can be a difficult thing for an employer. It can become even more difficult if the former employee decides to sue her former employer. An Illinois appellate court recently addressed such a situation and ultimately found that the trial court had properly granted summary judgment in favor…

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Edelson Law Firm Seeks Enforcement of Order Stopping Real House Wife Erika Jayne From Selling Off All Her Expensive Designer Clothing to Protect Lion Air Crash Victims

The Edelson law firm filed a motion to protect its Lion Air Crash victims’ settlement monies from alleged selling off by Erika Jayne of her expensive designer clothing suspecting she would allegedly spend the proceeds in violation of the Court’s order.  The Motion states in relevant part: On information and…

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Court Dismisses Shareholder Oppression and Breach of Fiduciary Duty Claims against Illinois Snack Food Company

In a recent decision, the Delaware Court of Chancery granted a motion to dismiss filed by the defendants in response to a shareholder’s lawsuit requesting to compel the company to pay a dividend and also seeking to find that the board of directors breached their fiduciary duty of care. The…

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Seventh Circuit Holds Alleged Violations of the Illinois Biometric Information Privacy Act Confer Article III Standing

Recently, the U.S. Seventh Circuit Court of Appeals held that a putative class action lawsuit alleging a technical violation of the Illinois Biometric Information Privacy Act (BIPA) was sufficient to establish the Article III standing required in order to proceed in federal court, reversing the District Court’s dismissal of the…

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Bill Murray Faces Copyright Lawsuit from Doobie Brothers

Every time you hear a famous song playing in a commercial, it’s because the producers paid for the right to use that song in their commercial … or at least they were supposed to. According to a recent copyright lawsuit the Doobie Brothers filed against Bill Murray, the famous actor…

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Appellate Court Tosses Share Valuation Utilizing Marketability and Control Discounts in Forced Minority-to-Majority Sale

Business partnerships sometimes come to an end. As we have written about previously, it is important going into a partnership to have an agreed-upon exit strategy in place. However, as a recent decision from an Indiana appeals court highlights, it is important for business partners to not only include exit…

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