No breach of fiduciary duty in planning a new, competing businessDecember 2006Illinois Law Update, Page 650On September 27, 2006, the Illinois Appellate Court, First District, upheld the Circuit Court of Cook County's findings that the appellees, Hallman and McQueen, did not violate their fiduciary duties as former employees of Cooper Linse Hallman Capitol Management, Inc (Cooper).
A bouquet of business-friendly billsBy Helen W. GunnarssonSeptember 2005LawPulse, Page 438Thanks to the Illinois General Assembly, purveyors of business advice have good news to deliver to their clients.
Sarbanes-Oxley and document retentionBy Helen W. GunnarssonApril 2003LawPulse, Page 162Do the new requirements governing retention, destruction and alteration of financial records apply to e-mail and other electronic documents? It's better to be safe than sorry.
Amendment to Business Corporation Act of 1983 P.A. 92-0771January 2003Illinois Law Update, Page 14Gov. Ryan signed into law an amendment to the Business Corporation Act of 1983 which provides that a corporation may allow members entitled to vote to participate in any meeting through the use of interactive technology.
Corporate reform bill tough on lawyersBy Helen W. GunnarssonSeptember 2002LawPulse, Page 448Ironically, the SEC was lukewarm to less stringent ethics rules urged by a U of I law prof and colleagues last spring.