In Illinois, the elements of tortious interference with prospective business relationships are as follows: 1) A reasonable expectation of the plaintiff entering into a valid business relationship. 2) The defendant’s knowledge of this expectancy. 3) The defendant’s intentional and unjustifiable interference, causing a breach or termination of the expectancy. 4)…
Chicago Business Litigation Lawyer Blog
Five Year Oral Statute of Limitations Applies to Mixed Oral or Written Contracts
The statute of limitations that applies to a contract that is both oral and written is generally that of an oral contract. This is because if essential terms of the contract cannot be fully ascertained from the written contract itself and require oral evidence to be complete, it is treated…
Excessive Fees Can Be the Basis of a Derivative Lawsuit
Excessive management fees charged by a majority owner can potentially be the basis for a derivative lawsuit in certain circumstances. In corporate law, a derivative lawsuit is a legal action brought by shareholders on behalf of a corporation against third parties, often including insiders such as officers, directors, or controlling…
How to Win an Auto-Fraud Case Against a Used Car Dealer
In order to win a consumer fraud case about a rebuilt wrecked automobile or vehicle, it would be necessary to demonstrate several key points. 1. The seller misrepresented or concealed the actual condition of the vehicle, such as by failing to disclose that the vehicle was a rebuilt wreck or…
Wrongfully Removing or Freezing Out a Partner
The elements of a wrongful removal or freezing out of a partner in a business context include the following: 1. Exclusion of a partner from participation in the business: This implies that a partner is denied the right to participate in the operations and decisions of the business [1]. For…
Choosing the Best Law Firm to Represent You in a Corporate Oppression Matter
Choosing the best attorneys for a corporate oppression matter in Illinois involves considering several factors. Look for a legal team with extensive experience in corporate law and specifically in handling shareholder disputes and oppression cases. They should have a strong track record of successfully advocating for minority shareholders’ rights. Also,…
The Different Requirements for Pleading Consumer Fraud as Opposed to Common Law Fraud
In Illinois, the pleading requirements for consumer fraud and common law fraud differ in several key aspects: Common Law Fraud: To establish a case for common law fraud, you must demonstrate five elements: A false statement of material fact made by the defendant to the plaintiff. The defendant knew the…
Illinois Has Two Different Rules to Obtain Dismissal of a Civil Suit
Illinois has two rules that can be used to dismiss cases which allows for more flexibility in defending some actions then in federal court where there is only one means to seek dismissal of an action. A Section 2-615 motion to dismiss and a Section 2-619 motion to dismiss under…
Why Choose DiTommaso Lubin for Your Chicago Area Business or Commercial Litigation Matter
Choosing DiTommaso Lubin for business litigation offers several compelling advantages. Firstly, the firm is known for its commitment to achieving significant victories and effecting change for clients and the community. This dedication is reflected in the firm’s ability to deliver high-quality services with a level of personal attention that is…
The Different Requirments for Pleading Tortious Interference With Prospective Business Relations and Tortious Interference With Contract
In Illinois, tortious interference with contract and tortious interference with prospective business relations are two distinct torts with different pleading requirements. To establish a case for tortious interference with contract, the plaintiff must show the following [7]: 1) Existence of a valid and enforceable contract between the plaintiff and another…