Paul Porvaznik – Business Litigator
Case Notes and Summaries of Recent Cases (State and Federal Courts – Illinois Focus)
Yikes! That was a bad one. But there’s your James Marshall Hendrix reference for the day. Shareholder oppression is another easy-to-say, hard-to-apply legal standard that can trigger the break-up of a closely held corporation. Broadly, it applies where a dominant shareholder squeezes out or excludes a minority shareholder from having a say in the corporation’s …
Continue reading “Shareholder Oppression: A Frustrated Mess?”
What happens if (a) you get injured (and you aren’t at fault and have a claim against the person who injured you) after you file for bankruptcy but (b) before you get a discharge and (c) you don’t inform the bankruptcy court of this claim? That’s the question examined in Schoup v. Gore, 2014 IL App (4th) 130911 (4th …
Continue reading “Failure to Disclose Claim in Bankruptcy Torpedoes Later Injury Suit”
I promise there will be no ‘What’s In a Name?’ (the Bard), “What’s My Name?” (Snoop Dogg) or “I’ve Got a Name” (the late great Jim Croce) references. And while I’m on the subject – is there anything MORE 1970s AM-JAM or K-Tel then Jim Croce? I don’t think so. Well maybe that weird “Billy Don’t Be A …