Marvin Kagan v. Edison Brothers Stores, Inc. And Edison Brothers Apparel Stores, Inc.
Court of Appeals for the Seventh Circuit
1Opinion of the Court
EASTERBROOK, Circuit Judge.
The stockholders and debenture holders of Ringo, Inc., a closely held corporation that operated two apparel stores in Chicago, entered into negotiations with Edison Brothers Stores, Inc., for the sale of their shares (and derivatively of Ringo itself). Edison Brothers balked at signing a contract, and the deal collapsed. In the meantime, believing that Edison wanted Ringo to expand, Ringo had signed a lease for a third store, taking expensive space in a fancy new building on the Magnificent Mile of Michigan Avenue. The new store was too much for this little…
2Cases cited12 opinions
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
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- Lhlc Corporation v. Cluett, Peabody & Company, Inc., and Deloitte, Haskins & Sells, DefendantsCourt of Appeals for the Seventh Circuit · 1988
- Coy R. GROGAN and John Henson, Appellees, v. Frank J. GARNER, Jr., AppellantCourt of Appeals for the Eighth Circuit · 1987
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- Scholes v. LehmannCourt of Appeals for the Seventh Circuit · 1995
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