Non-Shareholder of Closely-Held Corp. Can Be Liable Under Piercing Claim – IL Court
The Illinois First District recently considered whether a non-member of a closely-held corporation could be held personally responsible...
Is It A Corporate Obligation? Or An Individual/Personal One? Agent of A Disclosed Principal And Br
Sometimes it’s difficult to determine who the contracting parties are. A common example is where the contract text names the parties are...
Corporate Successor Liability In Illinois: The General Rule and Exceptions
Corporate successor liability’s focal point is whether a purchasing corporation (Company 2) is responsible for the purchased...
