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Forced Buyouts After an Owner’s Death: Buy‑Sell Agreements, Oppression, and “Fair Value” in Illinois

Summary: After a founder dies, survivors often pivot from “we have a buy‑sell” to “we can force a redemption under the articles.” Courts care about doing it right—and about protecting the estate’s reasonable expectations. Start with the contract you actually signed.A written buy‑sell controls if it exists and is enforceable.…

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