TABFG is a limited liability corporation. It brought a lawsuit against Richard Pfeil, claiming that among other things that Pfeil had tortuously interfered with a contract. After a bench trial, the district judge entered judgment in favor of TABFG in the amount of $957,659.68, comprised of a principal of…
Craig Yale was a limited liability member of Wolcott LLC, a real estate development operation. The two plaintiffs, Dr.Biplob Dass and Brett Garry, brought a lawsuit against Wolcott LLC, claiming they were duped when purchasing a garden condominium unit from Wolcott. In the complaint it was alleged that the unit…
In December 2007, the plaintiffs, Brothers Future Holding LLC and Custom Gourmet Concepts LLC purchased a vacant meat packing plant located at 2684 N. 900 East Road in Ashkum, Ill. The plaintiffs planned to use the property to start up a new custom contracting cooking company. The plaintiffs hired Assurance Agency,…
Non-competition agreements are usually a part of an employment agreement that the company develops; employees have access to company secrets, trade secrets and customer lists, all of which can be detrimental if known by those outside the company, including competitors. It has long been the case that the traditional non-competition agreements…
According to a recent Chicago U.S. District Court decision, a Maine aircraft repair company cannot be brought into a court in Illinois. The decision was based on an argument that because the company’s website can be accessed in Illinois, jurisdiction would lie in U.S. District Court. In the written opinion issued…
This shareholder derivative lawsuit arose out of a long and unsuccessful effort by Baxter International Inc. to fix various problems with a medical device called Colleague Infusion Pump. The plaintiff in the case, Westmoreland County Employee Retirement System (Westmoreland) alleged that Baxter’s directors and officers breached their fiduciary duties by “consciously…