The Plaintiff in UIRC-GSA Holdings, Inc. v. William Blair & Company, 2017 WL 3706625 (N.D.Ill. 2017), sued its investment banker for copyright infringement and professional negligence claiming the banker used the plaintiff’s protected intellectual property – private placement memoranda – to get business from other clients. The parties previously executed an engagement agreement (“Agreement”) which …
Tag Archives: corporate law
Secretary of State’s LLC File Detail Report Is Public Record – IL Court (A Deep Cut)
R&J Construction v. Javaras, 2011 WL 10069461, an unpublished and dated opinion, still holds practical value for its discussion of the judicial notice rule, breach of contract pleading requirements and a limited liability company member’s insulation from liability for corporate debts. The plaintiff sold about $70K worth of construction materials to a concrete company associated …
Veil Piercing Money Judgment Survives Res Judicata Defense – Mich. Court
Piercing the corporate veil, as metaphorical phrase and very real remedy, applies when a shareholder abuses the corporate form to shield himself from liability to corporate creditors. A prototypical piercing scenario is where a sole shareholder so controls his company that it blurs the separation between shareholder and company and is unfair to protect the shareholder from personal liability for company …
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