The plaintiff in Keiser-Long v. Owens, 2015 IL App (4th) 140612, a self-employed cattle buyer, sued for injuries she suffered in a car accident with the defendant. The defendant admitted negligence and the parties went to trial on damages. The defendant successfully moved for a directed verdict on plaintiff’s attempt to recover for lost earning capacity …
Tag Archives: alter ego
Illinois Agency, Ratification and Alter-Ego Basics: Case Snapshot
Photo credit: passionateproject.blogspot.com Several recurring commercial litigation issues are examined in Saletech, LLC v. East Balt, Inc., 2014 IL App (1st) 132639, a case that chronicles a dispute over a written distribution agreement for the sale of bakery products. The plaintiff entered into the agreement with a Ukranian subsidiary of various U.S. companies. The plaintiff sued these …
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7th Circuit Affirms Fraudulent Transfer and Alter Ego Judgment Against Corporate Officers
The Seventh Circuit affirmed an almost $3M judgment against the defendants under fraudulent transfer, successor liability and alter ego rules in Center Point v. Halim, 2014 WL 697501. The plaintiff energy company entered into a written contract to supply natural gas to defendants’ 41 Chicago area rental properties. The individual defendants – a husband and wife – managed …