Bromberg v. Holiday Inns of America

MEMORANDUM OPINION

MAROVITZ, District Judge.

This is an equitable action in which plaintiffs ask this Court to impose a constructive trust in their favor upon the motel property located at 4800 Marine Drive in Chicago, by virtue of an alleged breach of a fiduciary relationship. Jurisdiction is founded upon diversity of citizenship and the requisite jurisdictional amount.

In essence, plaintiffs contend that they and defendants entered into an alleged agreement to pursue a joint venture— that being to make plaintiff, Holiday *418Lodge, Inc., of which plaintiff Bromberg was president at all times…