Business Owner Disputes
Business owners may encounter problems as their companies develop. They may have different visions for the company or may have different ideas about critical issues such as what type of investments to make, the amount of compensation that should be paid, what expenses are proper, and how profits should be distributed. These disputes take on added importance when the owners are employees of the company and depend on that employment to earn a living. These disputes can be especially problematic when the shareholders are family members or friends.
At Neschis & Tolitano, we are experienced Chicago business litigation attorneys who represent shareholders of corporations, members of limited liability companies, and partners in limited and general partnerships in disputes relating to the management of their companies. These disputes often involve claims that controlling managers, members, directors, or partners of the company acted improperly towards the non-controlling members, shareholders or partners. Disputes often also arise when the company is owned equally by two owners or two groups of owners who cannot agree on major issues resulting in a deadlock, which prevents the company from moving forward. These types of disputes between business owners often lead to litigation. We are Chicago business litigation attorneys who represent both controlling and non-controlling owners in all types of disputes including claims of oppression, breach of fiduciary duty, and deadlock.