This guide covers 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 in Closely Held Entities
Steven M. Scholl and Jordan L. Sharp, Aronberg Goldgehn Davis & Garmisa, Chicago
Chapter 2 — Personal Liability in Closely Held Entities
John C. Sciaccotta, Amy M. Rapoport Gibson, and Alexandra R. Benigni, Aronberg Goldgehn Davis & Garmisa, Chicago
Chapter 3 — Fiduciary Duties of Shareholders in Closely Held Corporations and Members of Limited Liability Companies
Richard L. Miller II, Miller PC, Chicago
Chapter 4 — Minority Stakeholder Rights and Remedies
John C. Sciaccotta, Benjamin E. Haskin, and Emma Sander, Aronberg Goldgehn Davis & Garmisa, Chicago
Chapter 5 — Rights To Inspect Company Records
Richard L. Miller II, Miller PC, Chicago
Chapter 6 — Valuation of Minority Interests in Closely Held Illinois Businesses
John C. Sciaccotta and Chidinma O. Ahukanna, Aronberg Goldgehn Davis & Garmisa,Chicago
Chapter 7 — Closely Held Entity Civil Procedure Issues
Richard L. Miller II, Miller PC, Chicago
Chapter 8 — Recurring Ethical Issues When Representing Closely Held Entities
Richard L. Miller II, Miller PC, Chicago