No company should ever overlook the value of trade secrets. Those that do rarely achieve or maintain market dominance. One company that has undoubtedly achieved market dominance is Apple, which in late 2020 achieved a market capitalization that eclipsed $2 trillion. One reason for Apple’s dominance is its legendary protection…
In one of its final decisions of the term, the United States Supreme Court issued one of the most significant class-action decisions in recent years. The decision tightened the requirements for showing standing in class action lawsuits and has the potential to significantly affect class action litigation. Building on its…
The Illinois Supreme Court ruled recently that an energy company could not sustain a claim for stolen corporate opportunities against two of its former business developers. In doing so the Court overturned a ruling by the appellate court which had revived the stolen corporate opportunity claim. The ruling, which many…
In 1964 the case of New York Times v. Sullivan reached the Supreme Court, which interpreted the First Amendment of the U.S. Constitution to mean public figures have a higher bar to clear when suing for libel. The intention of the First Amendment is to give citizens the freedom to…
An Illinois Appellate Court recently revived a breach of fiduciary duty and shareholder oppression lawsuit filed by minority shareholders against the president, director, and majority shareholder of a lumber company. The suit accused the majority shareholder of diverting nearly a million dollars from the lumber company to a separate company…
You may or may not have heard of Shein, the fast-fashion company out of China providing its customers with the highest fashions for the lowest prices, but if you haven’t heard of it yet, chances are good you’ll be hearing about it very soon. While Shein might not exactly be…
A manufacturing plant may have closed four years ago, but according to multiple lawsuits, the effects of the alleged mismanagement of dangerous chemicals used at the plant are still affecting residents of the area surrounding the now-defunct plant. The plant in Tioga, LA opened in 1961 and made pressure relief…
Paying college tuition has long been a struggle for many aspiring students and their families, but when it comes to paying for college, tuition is just the beginning. The cost of textbooks and other school supplies is another financial hurdle, and according to an antitrust lawsuit, some of the biggest…
After a police officer pressured a woman for oral sex in a suburb of Chicago, including harassing her at her place of work, the woman filed a lawsuit against the police officer and Cook County. For obvious reasons, she asked the court to allow her to remain anonymous, filing the…
How do we know how much a piece of art is worth? For most of us, a professional art appraiser or auction house gives us a number or price range, but that number is based partly on how much the artwork sold for the last time it changed hands, and…