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Articles Posted in Chicago and Napervillr derivative suit and shareholder or LLC member oppression lawyer

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What are the Grounds for Filing a Derivative Lawsuit for an Illinois LLC or Corporation?

In Illinois, a derivative lawsuit can be filed by an individual shareholder or a member of a limited liability company (LLC) to enforce a right that belongs to the corporation or the LLC (Silver v. Allard, 16 F.Supp.2d 966 (1998)), (Pistone v. Carl, Not Reported in N.E. Rptr. (2020). The aim of…

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