Legal Opinion
Canadian Ace Brewing Co. v. Joseph Schlitz Brewing Co.
Court of Appeals for the Seventh Circuit
Decided May 21, 1980No. Nos. 79-2046, 79-2237 and 79-2275PublishedCited by 32 opinions
1Opinion of the Court
FAIRCHILD, Chief Judge.
These two appeals from judgments in favor of defendants raise the question whether actions under the antitrust laws by former stockholders for injuries to their dissolved corporation are barred by the Illinois Business Corporation Act, Ill.Rev.Stat. ch. 32 § 157.94, which limits the time period for a dissolved corporation to sue (or be sued) to within two years from the date of its dissolution.
Canadian Ace Brewing Co. was issued a certificate of dissolution on December 6, 1972, by the Secretary of State of Illinois. The complaints involved in these appeals were filed at…
2Cases cited30 opinions
- Bailey v. GloverSupreme Court of the United States · 1875
- Glus v. Brooklyn Eastern District TerminalSupreme Court of the United States · 1959
- Chicago Title & Trust Co. v. Forty-One Thirty-Six Wilcox Bldg. Corp.Supreme Court of the United States · 1937
- Robert Bomba and Annamarie P. Bomba v. W. L. Belvidere, Inc., a General Partner Doing Business as Candlewick Lakes Associates, a PartnershipCourt of Appeals for the Seventh Circuit · 1978
- Life Ass'n of America v. FassettIllinois Supreme Court · 1882
25 more not listed; retrieve them via the Exa API.
3Cited by32 opinions
- Kleinwort Benson North America, Inc. v. Quantum Financial Services, Inc.Illinois Supreme Court · 1998
- Citizens Electric Corporation, as Representative of a Class v. Bituminous Fire & Marine Insurance CompanyCourt of Appeals for the Seventh Circuit · 1995
- Soo Line Railroad Ex Rel. Minnesota v. B.J. Carney & Co.District Court, D. Minnesota · 1992
- Domino Media, Inc. v. KranisDistrict Court, S.D. New York · 1998
- John Hunter and Laura Snodsmith v. Old Ben Coal CompanyCourt of Appeals for the Seventh Circuit · 1988
27 more not listed; retrieve them via the Exa API.