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OSAGHAE v. OASIS HOSPICE AND PALLIATIVE

No. 1-20-0515.

203 N.E.3d 286 (2021)

2021 IL App (1st) 200515

Vincent OSAGHAE and Mabel Osaghae, Plaintiffs-Appellants, v. OASIS HOSPICE AND PALLIATIVE CARE, INC., Defendant and Counterplaintiff-Appellee, (Olufolasade Bello, Third-Party Plaintiff-Appellee; Mabel Osaghae, Plaintiff, Counterdefendant, and Third-Party Defendant-Appellant).

Appellate Court of Illinois, First District, Fourth Division.

Filed December 30, 2021.

Attorney(s) appearing for the Case

Samuel J. Schumer and Jason M. Metnick , of Meltzer, Purtill & Stelle LLC, of Chicago, for appellants.

William J. Arendt and Nicola K.B. Latus , of William J. Arendt & Associates, P.C., of Burr Ridge, for appellees.

OPINION

¶ 1 This appeal involves section 12.56 of the Illinois Business Corporation Act of 1983 (Act) (805 ILCS 5/12.56 (West 2016)). This section of the Act provides remedies to shareholders of closely held nonpublic corporations when, as in this case, the shareholders...

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