Illinois Order of Consolidation

State:
Illinois
Control #:
IL-SKU-0629
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Description

Order Of Consolidation

The Illinois Order of Consolidation is a legal instrument issued by the Circuit Court of the State of Illinois that allows multiple entities to combine into one. This document, also known as an Order of Consolidation, is commonly used when two or more businesses wish to combine assets or liabilities, to create a new entity, to merge into an existing organization, or to effect a sale or transfer between the parties. The Order of Consolidation can be used to combine corporations, limited liability companies, partnerships, limited partnerships, and other legal entities. There are two types of Illinois Order of Consolidation: full consolidation and limited consolidation. A full consolidation involves the combination of all the assets, liabilities, and rights of the merging entities into a single entity. A limited consolidation involves the consolidation of just some assets, liabilities, and rights of the merging entities, while the rest remain separate. In either case, the document must be approved by the Circuit Court in order to be legally binding.

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FAQ

Sec. 2-1001. Substitution of judge. or interested in the action, or his or her testimony is material to either of the parties to the action, or he or she is related to or has been counsel for any party in regard to the matter in controversy.

?2-615 Motions to Dismiss ?In a 2-615 Motion to Dismiss, the defendant argues that there is some defect on the face of the Complaint that makes it improper and makes dismissal of the case appropriate. Typically, 2-615 Motions are granted when the Complaint fails to state allegations which amount to a cause of action.

2-1001. Substitution of judge. or interested in the action, or his or her testimony is material to either of the parties to the action, or he or she is related to or has been counsel for any party in regard to the matter in controversy.

Rule 383 - Motions for Supervisory Orders (a) A motion requesting the exercise of the Supreme Court's supervisory authority shall be supported by explanatory suggestions and shall contain or have attached to it the lower court records or other pertinent material that will fully present the issues, authenticated as

Consolidation and severance of cases. An action may be severed, and actions pending in the same court may be consolidated, as an aid to convenience, whenever it can be done without prejudice to a substantial right.

2-1005. Summary judgments. (a) For plaintiff. Any time after the opposite party has appeared or after the time within which he or she is required to appear has expired, a plaintiff may move with or without supporting affidavits for a summary judgment in his or her favor for all or any part of the relief sought.

2-610. Pleadings to be specific. (a) Every answer and subsequent pleading shall contain an explicit admission or denial of each allegation of the pleading to which it relates.

2-1003. Discovery and depositions. (a) Discovery, such as admissions of fact and of genuineness of documents, physical and mental examinations of parties and other persons, the taking of any depositions, and interrogatories, shall be in ance with rules.

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Illinois Order of Consolidation