Continuing Legal Education

Business Divorce: Marital and Non-Marital Business Owner Separations

January 18, 2018
9:00 a.m. – 12:30 p.m.
3.00 MCLE hours, including 0.50 approved Professional Responsibility MCLE credit hours
Presented by Business and Securities Law

ISBA Regional Office
20 S. Clark Street, Suite 900
(map and directions)
Or Online Course


Click here to register for the CHICAGO program.

Click here to register for the LIVE WEBCAST.


Any lawyer or company advisor (with intermediate practice experience) who is involved in organizing entities, managing marital disputes where business interests are at issue, or negotiating/litigating non-marital separations and planned or unplanned changes of entity control won’t want to miss this half-day seminar that gives you the tools you need to handle business owner separation cases. Topics include:

  • The standard clauses of mutual protection and planned or compelled owner exit;
  • Alternative dispute resolution options;
  • Recapitalization or internal case availability and valuation issues associated with same;
  • The fragility of business enterprises;
  • The difference between going concern valuation and distress sale asset disposition;
  • Asset concealment, cash demands, interpersonal disputes, and other issues likely to occur in marital and non-marital arguments among business owners; and
  • The Illinois Rules of Professional Responsibility regarding client identification issues.


Program Coordinator:
William A. Price
, GrowthLaw, Warrenville

Program Moderator:
Elizabeth A. Bleakley
, Bleakley Law LLC, Chicago


NOTE: Registration to the CHICAGO PROGRAM includes access to electronic course materials that will be sent to you via email prior to the seminar. Printed course materials may be purchased for a nominal fee via the registration page. Live Webcast attendees can access the electronic materials (in PDF format) via the web portal during the seminar.



8:50 – 9:00 a.m.  Welcome and Introduction
Elizabeth A. Bleakley
, Bleakley Law LLC, Chicago

9:00 – 9:30 a.m.   Professional Ethics: Client Identification*
David F. Rolewick
, Rolewick & Gutzke, P.C., Wheaton

9:30 – 10:15 a.m.  Buy-Sell Agreements and Other Entity Dispute Resolution/Separation Planning Documents
Kelli E. Madigan
, Mathis Marifian & Richter Ltd., Belleville
William A. Price, GrowthLaw, Warrenville

10:15 – 10:30 a.m.  Break (refreshments provided)

10:30 – 11:15 a.m.  Prenuptial/Post-Nuptial Agreements and Business Assets Dissipation Proceedings
Michele M. Jochner
, Schiller DuCanto & Fleck LLP, Chicago

11:15 – 11:45 a.m.  Oppression of Minority Shareholders, Diversion, and Asset Concealment
Charles W. Murdock
, Loyola University Law School, Wilmette

11:45 a.m. – 12:15 p.m.  Business Inter-Owner Dispute Litigation
Kenneth J. Ashman
, Ashman Law Office, LLC, Chicago