It may have once been thought that officers constituted as being fiduciaries in a manager-managed LLC setting. Who or what are fiduciaries? Fiduciaries are individuals in whom another has placed the utmost trust and confidence to manage and protect property or money. The relationship wherein one person has an obligation…
Articles Posted in Business Disputes
Tick Tock, The Clock Lawsuit — Chicago Civil Rights Lawyers
The dismissal of a lawsuit filed against the Irving School District by the father of a child whose homemade clock was mistaken for a bomb. It was alleged that the child’s civil rights were violated when the police charged with the making of a “hoax bomb.” The federal complaint also…
Baby Powder Can Cost More Than Just a Price Tag
The makers of products for newborns and young children, Johnson & Johnson, were subject to suit for their talcum powder. It was alleged that lung cancer came about due to use of that powder. As a result, a New Jersey banker and his wife were awarded $37 million in compensation…
Lawsuit Over Chicago Tribune Sign on Tribune Tower in Chicago — Willowbrook and Dupage Business Dispute Attorney
Buying a landmark often comes with unique challenges people don’t have to worry about when purchasing just any old building. In addition to the location and the features of the building itself, buyers of a landmark also have to think about how they can preserve the value of that building…
Trumped by Panama
The Panamanian government is in dispute with an owners’ association and Trump Hotels. This was after an attempt to dislodge the Trump name from the Trump International Hotel and Tower Panama occurred. The matter first came to light when the property owners’ association voted to remove Trump’s management team. This…
Parish Allegedly Defrauded By Its Own Priest
While not all Catholic priests decide to take a vow of poverty when they’re ordained, a priest with a 10-acre estate in Williamston that includes six bedrooms, 12 bathrooms, 10 fireplaces, three barns, an indoor swimming pool, and stained-glass windows seems pretty suspicious. And that’s just one of his properties.…
Tennis Star Sues USTA
While most people may not consider the risks associated with someone slipping and falling on their floor, it’s a legitimate concern that property owners have to anticipate. While sometimes an accident is just an accident, other times it may be the result of negligence, in which case the property owner…
First Bitcoin Criminal Lawsuit Filed — Chicago Business Dispute Lawyers Near Evanston and Wilmette
Although bitcoin’s meteoric rise in price and prominence has some people wondering if it’s a bubble, the Chicago Mercantile Exchange and CBOE Futures Exchange agreed to start trading in the digital currency in December. Just a few months later, the first criminal lawsuit over bitcoin was filed against a Chicago…
Appellate Court Finds That Legal Malpractice Case Can Continue Against Estate Attorneys — Chicago Contested Probate Estate Attorneys
When the millionaire owner of a thriving business dies without a will, leaving only a wife and a child from a previous marriage to sort out his possessions, chances are things are going to get ugly. That’s exactly what they did in a recent case before the Illinois First District…
Tigani Brothers Business Dispute — Chicago Business Dispute Attorneys
Family disputes can turn nasty, as can business disputes, but there are few things worse than business disputes between family members. Recently, Robert F. Tigani Jr. and his brother, Chris Tigani, filed a lawsuit against their father, Robert F. Tigani Sr., for allegedly abusing his position as trustee to divert…