Baron v. Pritzker

SHEPPARD JR., J.,

Plaintiff, Scott Baron, and defendant, Randy Pritzker, are 50-50 owners of a pair of closely-held corporations. Baron filed this action in equity alleging that Pritzker froze him out of the businesses, wasted corporate assets and refused to honor a shareholder’s buyout agreement. Essentially, Baron seeks the appointment of a custodian for the businesses, an accounting, a buyout of his shares, compensatory and punitive damages and attorneys fees. At issue are the defendants’ preliminary objections to the complaint. The court sustains the objections, in part.

FACTS

For the…