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How Boilerplate Agreement Advancement Clauses Can Transform Ownership Disputes

Indemnification and advancement clauses are often seen as mere boilerplate language in a company’s governing documents, routinely copied from one form agreement to another. However, advancement clauses may be important...more

Accessing Privileged Documents in Illinois Ownership Disputes

Business divorces are often messy. The reasons for business divorces vary – personality-driven disputes, disagreements over business direction, or timing and distribution of earnings. Whatever the reason, when controlling...more

Boilerplate That Matters in Ownership Disputes: An Overview of Indemnification and Advancement Clauses

Situations involving family dynamics, significant wealth, and fiduciary duties can be ripe for conflict. Disputes frequently arise among owners and managers of closely held businesses, family office constituencies, and other...more

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