Reiss v. Superior Industries, Inc.

GOTHARD, Judge.

This case arises from the liquidation of a corporation and concerns the calculation of net profits from the sale of real estate owned by the corporation. From judgment in favor of the plaintiffs the defendant has appealed.

Plaintiffs are the widow, Helen Morrison Reiss, and the children of James J. Morrison.1 The defendant-appellant is Leon Greff, who with Morrison founded Superior Industries, Inc. and who is a former liquidator of the corporation. On October 6, 1980 Helen Reiss filed suit against Superi- or, Greff, and two other shareholders, seeking judicial liquidation. The…