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Derivative Suits vs. Direct Suits by Illinois Corporate Shareholders

Derivative Suits vs. Direct Suits by Illinois Corporate Shareholders

Shareholders of Illinois corporations have certain legal rights when it comes to governing those corporations. Because shareholders own a small portion, or “share” of the company, they have the power to affect vital aspects of the organization. If a shareholder is denied his or her right, that shareholder may take action against the corporation.

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The Business Judgment Rule for Illinois Corporate Officers Explained

The Business Judgment Rule for Illinois Corporate Officers Explained

In this article, we explain the Business Judgment Rule for corporate officer and director liability in Illinois.  We answer the questions, “what is the Business Judgment Rule?”, “how does the business judgment rule protect corporate officers and directors from liability to shareholders?”, “what is a shareholder derivative lawsuit?”, “what is the standard of conduct for Illinois corporate officers?”, and “is it possible to overcome the Business Judgment Rule?”

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What should I do if I have been sexually harassed in the workplace?

What should I do if I have been sexually harassed in the workplace?

In this article, we answer the question “what should I do if I have been sexually harassed in the workplace?”  For some foundational information, check out our article: What Constitutes Sexual Harassment in the Workplace in Illinois.

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