Smith v. Precision Land Services

Appellate Court of Illinois·Decided August 26, 2026·No. 2-26-0018·Unpublished

Opinion

2026 IL App (2d) 260018-U No. 2-26-0018

Order filed August 26, 2026

NOTICE: This order was filed under Illinois Supreme Court Rule 23(b) and is not precedential except in the limited circumstances allowed under Rule 23(e)(1).

IN THE

APPELLATE COURT OF ILLINOIS SECOND DISTRICT

THOMAS J. SMITH, Plaintiff and Counterdefendant-Appellee, v.

PRECISION LAND SERVICES, INC., and MARK W. SMITH, Defendants and Counterplaintiffs-Appellants.

Appeal from the Circuit Court of De Kalb County.

Honorable Stephanie P. Klein, Presiding.

No. 23-CH-21

JUSTICE McLAREN delivered the judgment of the court.

Presiding Justice Kennedy and Justice Hutchinson concurred in the judgment.

ORDER

¶1 Held: Personal financial records of corporation’s majority shareholder could be ordered only as pertaining to the period after he removed minority shareholder, who thereafter allegedly refused to disclose corporation’s account and login information, requiring both corporation and majority shareholder to spend funds to establish new infrastructure. Vacated and remanded.

¶2 This appeal stems from a finding of contempt entered against defendants and counterplaintiffs, Precision Land Services, Inc. (PLS) and Mark W. Smith, for failing to comply with an order compelling the production of certain documents requested by plaintiff and counterdefendant, Thomas J. Smith. As explained below, we conclude that the trial court erred in compelling production of certain documents pertaining to periods when Thomas served as an

officer of PLS. We therefore vacate the finding of contempt and clarify the documents that may be ordered produced on remand.

¶3 I. BACKGROUND

¶4 On August 16, 2023, Thomas filed a single-count complaint against PLS and Mark, seeking an accounting and removal of Mark as an officer and director of PLS, a subchapter S corporation. Thomas alleged that he had owned 49% of PLS’s common stock since March 2004. Mark owned the remaining shares. On and before October 15, 2021, Thomas was PLS’s vice president, secretary, and treasurer, and Mark was PLS’s president and sole director. On July 20, 2020, PLS entered into a written subcontractor agreement with Universal Pool Company, Inc., doing business as The Great Escape (TGE), to provide services to TGE’s customers. In September of that year, Mark incorporated Precision Contractors, Inc. (PCI), which used PLS’s equipment to provide services to TGE customers. According to the complaint, the services that PCI provided were within the scope of the services that PLS provided under its agreement with TGE. As payment, PCI received checks payable to PLS. Mark deposited those checks in bank accounts held by PLS.

¶5 According to the complaint, before October 15, 2021, a dispute arose between Thomas and Mark over Mark’s conduct in the operation of PLS. On October 15, 2021, Mark, “purporting to act in his capacity as the sole director of *** PLS,” terminated Thomas’s “employment” as vice president, treasurer, and secretary of PLS. Thereafter, PLS and Mark paid no salary or dividends to Thomas. However, PLS “continued to employ *** [Mark], as [p]resident, [v]ice-[p]resident, [s]ecretary, and [t]reasurer *** and[,] from time to time, paid him salary, wages, or personal expenses in lieu of salary or wages.” Thomas alleged that Mark’s conduct was “oppressive [and] fraudulent[ ] and unlawfully violate[d] his duty of loyalty, all to the prejudice of *** [Thomas] as

a minority shareholder of *** PLS.” Further, Mark’s and PLS’s conduct “constitute[d] misapplication or waste of *** PLS’[s] corporate assets.”

¶6 PLS and Mark answered the complaint and filed a countercomplaint. As amended, the countercomplaint alleged that Mark incorporated PLS in 2000 and operated it as a landscaping and snow removal business. Mark was president and sole director of PLS. In 2004, Thomas became a minority shareholder and assumed the offices of vice president, treasurer, and secretary. Mark held the majority interest in PLS. In his roles, Thomas managed PLS’s finances and controlled its bank accounts and business credit cards. Mark alleged that Thomas hid or withheld information about PLS’s finances while reassuring Mark that PLS’s financial affairs were in order. Mark alleged that Thomas wrote numerous checks to himself or to “ ‘[c]ash,’ ” claiming that they were for legitimate business expenses. However, according to the countercomplaint, the checks were to pay Thomas’s personal expenses or were otherwise for his personal benefit. Mark further alleged that Thomas used business credit cards for various personal expenses without reimbursing PLS.

¶7 According to the countercomplaint, on October 15, 2021, after discovering irregularities in PLS’s finances and Thomas’s misappropriation of PLS’s funds, Mark removed Thomas from the positions of vice president, treasurer, and secretary. Mark alleged:

“[Thomas’s] deception, fraud and misappropriation of PLS’s business credit cards and funds for his own personal economic gain occurred from approximately 2018 through 2021, and may still be occurring as [Thomas] continues to conceal statements for PLS’s business credit cards and refuses to provide access to such accounts to *** PLS and [Mark.]”

¶8 The countercomplaint further alleged that, after his removal, Thomas “[r]efuse[d] to disclose vital business account and login information *** needed to login [sic] and access PLS’s business network and email server, where PLS stored business contacts, emails and customer information.” Because of Thomas’s refusal, “PLS and MARK were required to spend time, effort[,] and money on purchasing a new business network and email server, setting up new business emails and rebuild[ing] its database of contacts, customer lists and business information.” (Emphasis added.) In addition, the countercomplaint alleged that Thomas forged Mark’s signature on the agreement with TGE. PLS and Mark alleged that, “[d]ue to their reliance on [Thomas] as [v]ice [p]resident, [t]reasurer[,] and [s]ecretary of PLS, [PLS and Mark] have lost significant sums of money and incurred costs and attorney’s [sic] fees.”

¶9 The countercomplaint raised claims based on the theories of fraud, “fraudulent forgery,” breach of fiduciary duty, tortious interference with business expectations, and unjust enrichment. The countercomplaint also sought division of PLS’s assets. Alternatively, the countercomplaint sought judicial dissolution of PLS.

¶ 10 On March 19, 2025, Thomas filed a motion to compel PLS and Mark to comply with Thomas’s request to produce documents under Illinois Supreme Court Rule 214 (eff. July 1, 2018). Of relevance to this appeal, Thomas sought to compel production of documents specified in the following requests:

“15. All account statements for any checking account, savings account, money market, or other deposit account, of which [Mark] is a legal or equitable owner, from January 1, 2018, to the present.

16. All account statements for any credit card or line of credit account, of which [Mark], is an account holder, borrower, or legal or equitable owner, from January 1, 2018, to the present.

***

18. All of [Mark’s] federal and state income tax returns for tax years 2020 to the present, and all forms 1099, K-1, or W-2 issued to [Mark] for or relating to tax years 2020 to the present.”

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Smith v. Precision Land Services, (Ill. Ct. App. 2026).

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