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Paul Porvaznik – Business Litigator

Case Notes and Summaries of Recent Cases (State and Federal Courts – Illinois Focus)

Tag Archives: McGuirreWoods

IL Supreme Court Expands on Shareholder Derivative Suits and Standing Doctrine in Att”y Malpractice Suit

Some minority shareholders in an LLC sued their former counsel for legal malpractice alleging the firm failed to file “obvious” breach of fiduciary claims against the LLC’s corporate counsel. Affirming summary judgment for the defendant law firm in Stevens v. McGuirreWoods, LLP, 2015 IL 118652, the Illinois Supreme Court gives content to the quantum of …

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Posted byPaulPJune 14, 2018June 30, 2019Posted inCorporateTags: case within a case, damages, derivative suit, legal malpractice, LLC, LLP, McGuirreWoods, shareholders, Sidley Austin, Statute of Limitations
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