Webb v. Webb

On April 29, 1988, plaintiff Richard Webb filed a complaint in the circuit court of Macon County against defendant Wayne Webb seeking a money judgment. The basis of the suit was an unsatisfied workers’ compensation award which plaintiff had obtained against Macon County Speedway, Inc. (Speedway), a corporation alleged to have become insolvent. The complaint alleged defendant was the “principal shareholder” and “principal operating officer” of Speedway and, as such, liable for Speedway’s failure to obtain workers’ compensation insurance or to qualify as a self-insurer. (Ill. Rev. Stat. 1985,…