Tag Archives: 805 ILCS 180/15-5(b)(7). 805 ILCS 180/15-3(g)(2) and (4)

Fiduciary Duty Modifications

When it comes to Illinois LLCs, one member’s allegation that the LLC’s manager has breached its fiduciary duty can quickly spiral into a full-blown claim for judicial dissolution, i.e., a business divorce.  Link. Illinois LLCs are materially different than Illinois … Continue reading

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