Piercing Corporate Veils / Alter Ego – Business Litigation

“Piercing a corporate veil” means an individual can be personally liable in certain situations. Courts apply this equitable remedy to avoid improper use of corporate laws meant to shield innocent shareholders and to promote justice. The doctrine of piercing the corporate veil permits liability to be imposed on individuals for acts of a corporation when…

Bankruptcy Fraud – Adversary Proceedings

Bankruptcy fraud is serious. To combat it, an “adversary complaint” is filed to civilly prosecute a debtor who is essentially trying to hide assets, or is not being forthright about a loss of assets. You may have won a judgment against a person who then files bankruptcy or the person owes you money. You “smell…

Chicago Trial Attorney: Personal Injury & Business Litigation – Fraud 101

Fraud is a serious allegation. It is serious to prosecute. It is serious to defend. Illinois law (and Federal law for that matter) require stricter pleading to make out a case or the fraud count(s) will be dismissed. This stricter pleading is sometimes referred to as “heightened pleading” or “pleading with specificity”. Illinois law is…

Chicago Trial Attorney: Personal Injury & Business Litigation – Commercial Litigation Basics aka Strategy

Business or commercial litigation of any sort requires planning a.k.a. strategy. Whether the situation involves plaintiff or defense posture (or both), careful thought and exploration of the myriad of issues is an absolute must. Lawyers are required to reasonably investigate a matter before filing a new case – or perform some “due diligence”. Same is…