16Dec
Illinois Appellate Court finds Building Contractor is Without Legal Capacity to Bring Counterclaims 3 1/2 years after Dissolution
The Illinois Limited Liability Company Act (Act) permits an LLC to continue after dissolution solely to wind up its business, and only for a reasonable time. In Sienna Court Condominium Assoc. v. Champion Aluminum Corp., 2017 IL App. (1st) 143364,...
By:
Novack and Macey LLP
Source Url: https://www.jdsupra.com/legalnews/illinois-appellate-court-finds-building-55114/
Related
The President revoked Executive Order (E.O.) 13495, which required successor contractors to offer se...
Read More >
Bank transaction activity has picked up as small and midsize banks look to adjust their business mod...
Read More >
On November 12, 2020, President Trump issued an Executive Order titled "Addressing the Threat from S...
Read More >
On December 5, 2019, the National Toxicology Program (NTP) announced that the NTP Technical Report o...
Read More >
The first half of 2020 has presented governments, business and individuals with an unprecedented set...
Read More >
On July 31, 2020, through Executive Order 20-181, Governor DeSantis declared a state of emergency in...
Read More >