Shareholder Disputes

GKWW has represented shareholders and members in every type of shareholder, corporate, and limited liability company dispute. We have handled litigation between partners relating to partnership agreements, between members relating to operating agreements of limited liability companies, and between shareholders involving shareholders’ agreements on corporate bylaws. We have handled disputes involving cram drowns of shares, sales to third parties, breaches of fiduciary duty, embezzlement, claims under the Illinois Business Corporation Act, cases involving corporate law of Delaware and other states, clashes over executive authority, and challenges involving restrictive covenants and non-competes. This is often “bet the farm” litigation that involves our client’s life’s work. We use our experience to make appropriate strategic decisions in preparing the case. We keep our clients informed of the progress of this crucial litigation.

In the process of settling this type of litigation we often use mediators to facilitate matters. We are extremely knowledgeable regarding mediators available. We use our tax lawyers to advise executives as to the financial impact of various issues involved.