Tag Archives: shareholder oppression

A Court Has Wide Discretion in Granting Relief from Oppressive or Illegal Conduct by a Majority Shareholder

When a minority shareholder in a closely held corporation seeks relief from oppressive or illegal conduct by the majority shareholder, a court has wide discretion in deciding what type of relief is appropriate. The Illinois Supreme Court explored what options … Continue reading

Posted in Shareholder Oppression | Tagged , , , , | Leave a comment

Valuation of Minority Interests in Closely Held Illinois Businesses

Valuation of a business plays a critical role in adjudicating disputes among co-owners of closely-held businesses.  There are numerous circumstances where a court may be required to determine the value of a litigant’s interest in a business, such as under … Continue reading

Posted in Valuation Proceeding | Tagged | Leave a comment