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Chicago Business Litigation Lawyer Blog

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Franchise Terminations: Defenses and Legal Representation

In the world of franchising, the termination of a franchise agreement can be a complex and contentious issue. Franchisees facing termination must understand their rights and the defenses available to them. Equally important is choosing the right legal representation to navigate these challenging waters. Defenses to Franchise Termination Breach of…

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What are the Defenses to Libel and Defamation Claims in Ilinois

Under Illinois law, various defenses are recognized for libel actions. The first defense is the innocent construction doctrine. This doctrine posits that if a statement could be construed in a non-defamatory way, it cannot be considered defamatory. Another defense is the expression of opinion. Statements of opinion, even if they…

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Understanding the Freeze Out or Squeeze Outs of Minority Owners in Illinois Closely Held Companies

In the business world of closely held companies in Illinois, minority shareholders often find themselves vulnerable to what is known as a “freeze out” or “squeeze out.” This blog post delves into this phenomenon, exploring what it means, how it happens, and the legal backdrop in Illinois that governs such…

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Why You Should Choose Lubin Austermuehle for Trade Secret Theft or Non-Compete Matters

In the complex world of trade secret theft and non-compete litigation, having the right legal team on your side is critical. Lubin Austermuehle, with its strong online presence at www.thebusinesslitigators.com and www.l-a.law, stands out as a premier choice for handling these intricate legal matters. Here are compelling reasons why they…

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Why Contact Lubin Austermuehle for Your Business Dispute in Illinois? Call Us For A Free Consultation.

Extensive Experience in Partnership, LLC Member, and Shareholder Disputes At Lubin Austermuehle, we understand the complexities of business disputes in closely held companies. Whether you are facing a partnership disagreement, LLC member conflict, or shareholder dispute, our experienced attorneys are here to provide you with the guidance and representation you…

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Why Choose Lubin Austermuehle for Corporate Oppression Matters

When facing corporate oppression, selecting the right legal representation is crucial. Lubin Austermuehle stands out as a firm capable of effectively handling such complex legal matters. Here’s why you should consider them for your corporate oppression case: 1. Concentration in Corporate Law Lubin Austermuehle possesses a deep understanding of corporate law, including…

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Navigating Fair Compensation in Closely Held Companies: The Legal Implications of Excessive Salaries

In closely held companies, particularly LLCs and corporations with a limited number of shareholders, the issue of compensation for owners and shareholders can be a legal minefield. A significant concern arises when majority owners, often also serving as executives, award themselves excessively high salaries or compensation. This practice, while appearing…

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Can a Business Sue as a Consumer Under the Illinois Consumer Fraud Act

Yes, a business can be considered a consumer under the Illinois Consumer Fraud and Deceptive Business Practices Act (ICFA) and can therefore file a suit under this Act. The ICFA allows private plaintiffs, including corporations, to file a suit if they can demonstrate damage due to a violation of the…

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Can I be Sued for Defamation for Posting Internet Reviews

In general, you can be sued for posting internet reviews, even if they are truthful and critical, but the likelihood of the lawsuit being successful depends on various factors. Here’s a breakdown of the legal considerations: Truth as a Defense: Truth is a key defense against defamation claims. In most…

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In Illinois a Minority Member can Bring a Derivative Lawsuit as a LLC Member on Behalf of the LLC

In Illinois, the situation regarding LLC minority members bringing a derivative lawsuit for member oppression is quite specific. The Illinois Limited Liability Company Act allows LLC members to file a derivative action to protect the interests of the LLC. This is particularly relevant when the LLC itself has a cause…

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