Staisz v. Resurrection Physicians Provider Group, Inc.

Plaintiff filed suit alleging shareholder oppression under section 12.56 of the Business Corporation Act of 1983 and breach of fiduciary duty relating to the termination of her participating physician agreement and shareholder status. Circuit court dismissed the complaint for lack of standing and plaintiff appealed. The appellate court affirmed finding the clear and unambiguous language of the statute requires an individual to be a shareholder when commencing an action seeking shareholder remedies and plaintiff lacked standing to bring suit because she could not establish her status as a petitioning shareholder. (PUCINSKI and WALKER, concurring)