Partnership Dissolution: Illinois Basics

Cross v. O’Heir, 2013 IL App (3d) 120760 spotlights a dispute over the division of partnership property. The plaintiff’s husband (who died before lawsuit was filed) entered a written partnership with the defendant to develop property. A few years later, and unbeknownst to plaintiff’s husband, the defendant signed a cross-easement agreement with some adjacent owners to provide vehicle and pedestrian access over three parcels …

Partnership’s Incorporation Insulates Partners From Personal Contractual Liability

Today’s post features the case law equivalent of a Deep Cut.  The Deep Cut – as musical buzz-phrase and phenomenon – appears to be gaining traction in the FM radio realm. The moniker denotes an obscure song from a well-known artist that’s not normally associated with the artist. For example, a Styx fan likely connects that …

Medical Practice Break-Up Spawns Non-Compete Dispute

The bitter breakup of a medical practice provides the setting for the Illinois Fifth District to consider the scope of a non-compete clause and how it impacts a minority shareholder’s buy-out rights. Gingrich v. Midkiff, 2014 IL App (5th) 120332-U presents a dispute between two former partners in a medical corporation.  At the medical practice’s inception – …