Legal Opinion

Jannes v. Microwave Communications, Inc.

District Court, N.D. Illinois

Decided November 15, 1974No. 69 C 2252PublishedCited by 2 opinions

1Opinion of the Court

MEMORANDUM AND ORDER

ROBSON, Chief Judge.

This matter is before the court on defendant Goeken’s motion for summary judgment. 1 For the reasons hereinafter stated, this motion shall be granted only as to preclude Microwave Communications of America, Inc. (MI-COM) from recovering as a shareholder of Microwave Communications, Inc. (MCI) under Rule 56 of the Federal Rules of Civil Procedure.

This derivative securities fraud action was brought by a shareholder of MCI on behalf of MCI against MI-COM, the corporation that how owns a significant portion of the stock of MCI. Also, the Chairman of MI-COM,…

2Cases cited5 opinions

  1. Southern Pacific Co. v. BogertSupreme Court of the United States · 1919
  2. Bangor Punta Operations, Inc. v. Bangor & Aroostook RailroadSupreme Court of the United States · 1974
  3. Jane Perlman v. C. Russell Feldmann, Newport Steel CorporationCourt of Appeals for the Second Circuit · 1955
  4. O. Q. Kizziar and Mildred Kizziar, His Wife v. B. L. Dollar, an Individual Doing Business as B. L. Dollar Construction CompanyCourt of Appeals for the Tenth Circuit · 1959
  5. Wool v. Solar Aircraft Co.Appellate Court of Illinois · 1964

3Cited by2 opinions

  1. National Union Electric Corp. v. Matsushita Electric Industrial Co.District Court, E.D. Pennsylvania · 1980
  2. Boggess v. HoganDistrict Court, N.D. Illinois · 1975

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