Legal Opinion

Mills v. Esmark, Inc.

District Court, N.D. Illinois

Decided August 16, 1982No. 81 C 1877PublishedCited by 14 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

ASPEN, District Judge:

Plaintiffs, Caryn J. Mills and Susan M. Mills, brought this derivative action on behalf of Esmark, Inc. (“Esmark”) against the corporation, its directors and certain of its officers. Plaintiffs allege that the assignment and award of restricted Esmark common stock and performance units to key employees of the corporation in 1979 and 1980 violated Esmark’s Long Term Growth Plan (“LTGP”), the Delaware Constitution and the fiduciary duty owed shareholders by Esmark’s officers and directors. Plaintiffs also allege that the circumstances under…

2Cases cited23 opinions

  1. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  2. Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
  3. Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
  4. Burks v. LaskerSupreme Court of the United States · 1979
  5. Auerbach v. BennettNew York Court of Appeals · 1979

18 more not listed; retrieve them via the Exa API.

3Cited by14 opinions

  1. International Insurance Co., a Corporation v. Alfred M. Johns, James W. McFadden Thomas v. Ogletree, Richard W. Sherman, and G. Paul WhortonCourt of Appeals for the Eleventh Circuit · 1989
  2. General Electric Co. v. CathcartCourt of Appeals for the Third Circuit · 1992
  3. Fed. Sec. L. Rep. P 92,071 Ann Brown v. Ferro Corp.Court of Appeals for the Sixth Circuit · 1985
  4. In re Consumers Power Co. Derivative LitigationDistrict Court, E.D. Michigan · 1990
  5. Johnson v. HuiDistrict Court, N.D. California · 1991

9 more not listed; retrieve them via the Exa API.

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