Legal Opinion
Donald E. Mortell v. Mortell Company
Court of Appeals for the Seventh Circuit
Decided October 26, 1989No. 89-1190PublishedCited by 40 opinions
1Opinion of the Court
EASTERBROOK, Circuit Judge.
The brothers Mortell (Donald, James, and Ramon) were equal owners of Mortell Company. Until 1981 Donald was the President and Chief Executive Officer, James was Chairman of the Board, and Ramon was Chief Operating Officer. Mortell Company has been profitable, and its wealth has severed familial bonds.
I
In 1981 Donald fell behind in paying off a loan, which he had secured by a pledge of some Mortell Company stock. The bank foreclosed and sold the stock to the firm and its pension plan. Donald tried to repurchase these shares but eventually executed an agreement by…
2Cases cited24 opinions
- Firestone Tire & Rubber Co. v. BruchSupreme Court of the United States · 1989
- Cromwell v. County of SacSupreme Court of the United States · 1877
- Marrese v. American Academy of Orthopaedic SurgeonsSupreme Court of the United States · 1985
- Charles DALE, Plaintiff-Appellant, v. CHICAGO TRIBUNE COMPANY, Defendant-AppelleeCourt of Appeals for the Seventh Circuit · 1986
- Mid-State Fertilizer Co., Lasley Kimmel, and Maxine Kimmel v. Exchange National Bank of ChicagoCourt of Appeals for the Seventh Circuit · 1989
19 more not listed; retrieve them via the Exa API.
3Cited by40 opinions
- C. Etta Rice v. Jo Anne B. Barnhart, Commissioner of Social SecurityCourt of Appeals for the Seventh Circuit · 2004
- A.M., a Minor v. Jerry Butler, Superintendent of the Illinois Youth CenterCourt of Appeals for the Seventh Circuit · 2004
- United States v. Pedro Gomez, Fernando Magana, and Rigoberto VelaCourt of Appeals for the Seventh Circuit · 1994
- Sara Lee Braun, Individually and as of the Estate of Norman Braun, Deceased v. Lorillard Incorporated and Hollingsworth & Vose CompanyCourt of Appeals for the Seventh Circuit · 1996
- Ricardo Trevino v. Union Pacific Railroad Company and Missouri Pacific Railroad CompanyCourt of Appeals for the Seventh Circuit · 1990
35 more not listed; retrieve them via the Exa API.