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Articles Posted in Best Chicago Shareholder Oppression and Freeze Out Lawyers Near Evanston and Skokie

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Partners Owe Fiduciary Duty to Each Other Even During Adversarial Litigation

After partners in a closely held corporation entered into years of adversarial litigation, a settlement agreement was reached. One of the partners later sued the other two, alleging that he was fraudulently induced into agreeing to the settlement when the defendant’s counsel misrepresented the financial position of the corporation at…

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