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Officer and Shareholder of a Closely Held Illinois Corporation has a Fiduciary Duty not to Compete

Root Consulting Inc. v. William Insull, 2016 WL 806556 (N.D. Ill., March 2, 2016) An officer and shareholder of a closely held corporation has a fiduciary duty not to compete with the company even if he is forced out of the organization. William I. was sued by Root Consulting Inc.…

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