Clients call us when they are in a sticky situation. That is usually not the first time something went wrong. The problem has been building. The partner stopped being transparent. The manager started siphoning business. The competitor started poaching customers. The contract got ignored. Then one day it becomes urgent.…
Articles Posted in Breach of Fiduciary Duty
Why Choose DiTommaso Lubin For Your Business Dispute or Fiduciary Breach Case
The Pedigree Gap Why Your Lawyer’s Academic Background Matters in the Courtroom Marketing can be bought, but a University of Chicago Law education is earned. When Peter Lubin steps into a courtroom, he brings a level of sophisticated analysis and peer-recognized skill that reshapes the case. Having been named the…
Why “Boutique” Doesn’t Mean “Basic”
The Myth of the Big Firm: Why Agility Wins in Modern Litigation Many clients believe that a massive firm is required for a massive case. The reality? Huge firms are often slowed down by committee structures and bureaucratic oversight. At DiTommaso Lubin, we have the same access to top-tier experts…
DiTommaso Lubin PC Opens New Practice Groups to Represent Closely Held Businesses and Car Dealerships and to Defend Libel Cases
DiTommaso Lubin, P.C. announced today that it has formally launched a series of specialized practice groups designed to serve car dealerships, closely held and family businesses, media and internet clients, and high net worth individuals with both litigation and transactional needs. Chicago, IL, January 28, 2026 –(pr.com)– DiTommaso Lubin, P.C.…
Squeezed Out of Your Own Company? Strategies for Freeze-Outs in Closely Held Businesses
When Majority Owners Turn on Their Partners In closely held corporations and limited-liability companies, majority owners sometimes forget that they owe duties to their partners. We see the same pattern again and again: a founder who built a business is gradually cut out of key decisions, denied access to financial…
Buying a Business Built on Fake Numbers: Fraud in the Inducement in Business Sales
The Dream of Owning a Business — and the Nightmare That Followed Some of our business clients come to us after realizing that the dream business they purchased is nothing like what they were sold. One of our current matters involves a small investor who purchased a business after reviewing…
Following the Money: Forensic Accounting in Civil RICO and Fiduciary-Breach Cases
Why Forensic Accounting Matters in Complex Business Fraud Civil RICO and serious breach-of-fiduciary-duty cases live and die by the numbers. It is not enough to allege that a business partner or investment promoter “took money”; you have to show how funds moved, which entities were involved, and how those transactions…
When Lawyers Are the Insiders: Suing (or Defending) Attorneys Derivatively for Member Oppression
Summary: Law firms and professional companies are businesses too. When lawyer‑owners divert funds, freeze out a co‑owner, or weaponize firm control, a derivative suit or oppression claim can be the right tool—if you respect both corporate law and the professional‑ethics overlay. Typical patterns we see: Unilateral transfers disguised as “distributions”…
What Illinois Laws Prevent a Partner from Cheating Another Partner?
Under the Illinois Uniform Partnership Act (IUPA), all partners are liable for any wrongful act or omission by any partner (In re Keck, Mahin & Cate, 274 B.R. 740 (2002)), (Bane v. Ferguson, 707 F.Supp. 988 (1989)). This includes acts that occur in the ordinary course of the partnership’s business or are…
What is Joint Venture? When is Joint Venture Partner Required to Account? DiTommaso Lubin Concentrate on Breach of Fiduciary Duty in the Chicago Area.
The elements required to establish a joint venture are broadly consistent across the search results. They include: 1. An express or implied agreement to carry on an enterprise (805 ILCS 206/202), (Ambuul v. Swanson, 162 Ill.App.3d 1065 (1987)), (Yokel v. Hite, 348 Ill.App.3d 703 (2004)). 2. A manifestation of intent by the parties…