How to Prove Oppressive Conduct to Dissolve an Illinois LLC

man standing at storefront door with hanging Closed sign visible

When Control Turns Into Oppression: Your Rights as an Illinois LLC Member Key Takeaways: Under 805 ILCS 180/35-1(a)(5), an Illinois LLC member or a transferee of a distributional interest can ask a court to dissolve the company in two situations. The first is when the managers or controlling members have acted, are acting, or will […]