Kathleen Frymire-Brinati and Michael Brinati v. Kpmg Peat Marwick
Court of Appeals for the Seventh Circuit
1Opinion of the Court
EASTERBROOK, Circuit Judge.
Patrick E. Powers developed real estate in Norman, Oklahoma. He organized the business through a central corporation, Pepeo, Incorporated, that was the general partner in a series of limited partnerships investing in particular properties. Each partnership raised outside money from limited partners. Richard A. Frymire and his daughter Kathleen Frymire-Brinati invested in some of these partnerships and owned some common stock of Pepeo itself. In 1982 Frymire-Bri-nati was elected to Pepeo’s board as an “advisory” director.
In December 1984 Powers asked Frymire for…
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- Rozny v. MarnulIllinois Supreme Court · 1969
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