It was part of my black 1993 Eagle Talon’s cassette player’s (and later my 2005 Chevy Cobalt’s CD player’s) rotation for well over a decade. It also introduced me to a new and dangerous vocabulary. Growing up in the somewhat sheltered confines of Wichita, I’d never heard of nor seen a “Gat” a “tech 9 tronic”, a “Six-Fo”, “hollow …
Tag Archives: res judicata
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 – …
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LLC Members Not Liable On Void Judgment Entered Against LLC
Downs v. Rosenthal, 2013 IL App (1st) 121406, features an in-depth analysis of the difference between corporate vs. individual liability, the nature of post-judgment proceedings, and appellate procedure. Facts Plaintiff sued defendant LLC and its individual members (the Members) for breach of fiduciary duty, breach of contract and a declaratory judgment that plaintiff was a 2.5% stakeholder in the LLC. The trial …
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