Legal Opinion
Fed. Sec. L. Rep. P 93,290 Maxwell Fields, and v. Fidelity General Insurance Company, Etc., And
Court of Appeals for the Seventh Circuit
Decided January 7, 1972No. 71-1228, 71-1229PublishedCited by 17 opinions
1Opinion of the Court
FAIRCHILD, Circuit Judge.
Pursuant to Ill.Rev.Stat.1969, ch. 73, § 800, the Circuit Court of Sangamon County, Illinois, ordered Fidelity General Insurance Company into statutory rehabilitation (August 21, 1970) and then liquidation (December 4, 1970), under James Baylor, Director of Insurance for the state of Illinois. This appeal arises from a derivative suit subsequently brought by minority shareholders of Fidelity General. Fidelity General and Baylor were joined as defendants.
Count I of the amended complaint alleged that directors of Fidelity General, and other defendants caused a series of…
2Cases cited9 opinions
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Superintendent of Insurance of New York v. Bankers Life & Casualty Co.Supreme Court of the United States · 1971
- Lion Bonding & Surety Co. v. KaratzSupreme Court of the United States · 1923
- Clark v. WilliardSupreme Court of the United States · 1934
- DeHaas v. Empire Petroleum CompanyDistrict Court, D. Colorado · 1968
4 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Sam Giardono v. George M. JonesCourt of Appeals for the Seventh Circuit · 1989
- Thomas M. Gaubert v. Federal Home Loan Bank BoardCourt of Appeals for the D.C. Circuit · 1988
- Starrels v. First National Bank of ChicagoCourt of Appeals for the Seventh Circuit · 1989
- Papilsky v. BerndtDistrict Court, S.D. New York · 1973
- Jannes v. Microwave Communications, Inc.District Court, N.D. Illinois · 1972
12 more not listed; retrieve them via the Exa API.