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Schaumburg Shareholder Dispute Attorneys

Litico reprsents corporate shareholders in disputes with co-shareholders in private corporations. These disputes often arise over conflict regarding contributions to or distributions from the corporation. At times, a shareholder has taken corporate funds without authorization, or majority shareholders have forced a minority shareholder out of the business.

While the Illinois Business Corporation Act is often applicable in these cases, the parties' shareholder agreement often dictates shareholders' rights with respect to co-shareholders. A shareholder agreement is a contract, and a breach of the parties' shareholder agreement gives rise to a breach of a contract action. 

If you are a shareholder of a Schaumburg business or a Schaumburg resident and are experiencing difficulties with your co-shareholder or, colloquially, "business partner," we welcome your call or email. 


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Litico Law Group
3701 W. Algonquin Road, Suite 450
Rolling Meadows, Illinois 60008
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(847) 307-5942

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