This guide covers many of the most frequently disputed issues involving closely held companies in Illinois. It describes the issues that most often arise, discusses applicable authority from Illinois statutes and caselaw, and offers practical pointers to minimize the risk that these issues will arise and to resolve them once they do. It is a handy reference for any Illinois practitioner who represents closely held corporations, partnerships, or limited liability companies.
Chapter 1 — Governance Issues
John C. Sciaccotta, Jerry Holisky, and David A. Johnson, Jr., Aronberg Goldgehn Davis & Garmisa, Chicago
Chapter 2 — Personal Liability in Closely Held Entities
John C. Sciaccotta, Amy M. Gibson, Kristina D. Diesner, and Blake S. Kocian, Aronberg Goldgehn Davis & Garmisa, Chicago
Chapter 3 — Fiduciary Duties
Michael A. Weinberg, Novack and Macey LLP, Chicago
Chapter 4 — Minority Stakeholder Rights
John C. Sciaccotta, Douglas C. Murray, Benjamin E. Haskin, and Zacharaiah J. Snyder, Aronberg Goldgehn Davis & Garmisa, Chicago
Chapter 5 — Rights To Inspect Company Records
Eric N. Macey, Novack and Macey LLP, Chicago
Chapter 6 — Valuation
John C. Sciaccotta, Nathan H. Lichtenstein, Steven M. Scholl, and Genc Arifi, Aronberg Goldgehn Davis & Garmisa, Chicago
Chapter 7 — Closely Held Entity Civil Procedure Issues
Richard L. Miller II, Illinois Advocates, LLC, Chicago
Chapter 8 — Recurring Ethical Issues When Representing Closely Held Entities
Richard L. Miller II, Illinois Advocates, LLC, Chicago
