Practice Areas Overview
Business Litigation
Chicago Business Litigation Trial Attorneys
At Canel, Davis & King, our lawyers have vast experience in business litigation, particularly actions involving fiduciary duty law. We have represented both plaintiffs and defendants in disputes arising between partners or between shareholders of closely held corporations. Some of our past cases include:
Partnership Litigation
In 1999 we obtained a jury verdict in excess of $18 million against a general partner of a limited partnership for breach of fiduciary duty. The claim against the general partner involved overcharges on related party loans. The trial court added over $6 million in equitable prejudgment interest. The case was settled after an appeal.
Shareholder Litigation
In 2001 we successfully defended a shareholder of a closely held corporation in a preliminary injunction trial in St. Louis County, Missouri. The plaintiff sought our client's ouster from his corporate offices in a breach of fiduciary duty case involving a dispute over management fees and dividend distributions.
Over the years, we have also successfully represented several clients who were minority shareholders “squeezed out” of closely held corporations to deprive them of their share of lucrative businesses or transactions.
Trust Litigation
In 2003 we successfully prosecuted and settled a claim on behalf of trust beneficiaries against a bank trust department for mismanaging the beneficiaries' trust assets.
Antitrust Litigation
In 2003 we obtained a reversal from the 7th Circuit Court of Appeals of a dismissal of a large industrial customer's antitrust claims against the largest natural gas utility in Indiana. The case settled in 2004.
If you have questions about how we can serve you or your business in this area, contact us to schedule an appointment.
Located in Chicago and practicing in the Midwest and throughout the nation.
Canel, Davis & King
10 South La Salle Street
Suite 3400
Chicago, Illinois 60603
Phone: 312.372.4142
Fax: 312.372.6737
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