We have successfully defended shareholders and members in many shareholder disputes initiated by minority equity holders for breach of fiduciary duty in Illinois and Missouri. The underlying companies involved in the cases include private equity, cable TV, financial services, hedge funds, home building, and food services, just to name a few. One of our more recent cases involved a trial in the Circuit Court of Cook County, where our trial lawyers defended a client against a $30,000,000 damage claim. After the trial, the court ruled in favor of our client on all claims.
We successfully represented minority members of a Delaware LLC in a suit to obtain books and records of a large hedge fund. The case involved lawsuits in Illinois and Delaware. We were able to successfully obtain a fair price for our clients’ membership interests.
Our experienced Chicago business litigation attorney obtained a jury verdict for a minority shareholder in a corporate freeze out, and the verdict included an assessment of punitive damages.
One of our trial lawyers obtained a jury verdict against a general partner for breach of fiduciary duty in excess of $18,000,000 after a two-week jury trial. The court later added millions in equitable prejudgment interest to the verdict. The case was eventually settled after an appeal.