Legal Opinion

United States ex rel. Small Business Administration v. Palakow

District Court, E.D. Wisconsin

Decided April 8, 1969No. 66-C-222PublishedCited by 2 opinions

1Opinion of the Court

OPINION and ORDER

MYRON L. GORDON, District Judge.

The Small Business Administration has commenced this action contending that the defendants, Levin and Palakow, committed a breach of their fiduciary duties owed to the SBA. The defendants have moved to dismiss the complaint on the ground that the action is barred by Wis.Stat. § 180.787 since the complaint was filed more than two years after the date of dissolution of the Belvedere Investment Corporation.

Levin and Palakow were officers and directors of the now-defunct Belvedere Investment Corporation, a Wisconsin corporation. Mr. Palakow and Mr.…

2Cases cited12 opinions

  1. United States v. SummerlinSupreme Court of the United States · 1940
  2. Chicago Title & Trust Co. v. Forty-One Thirty-Six Wilcox Bldg. Corp.Supreme Court of the United States · 1937
  3. Lindemann v. RuskWisconsin Supreme Court · 1905
  4. Maryland Casualty Co. v. BeleznayWisconsin Supreme Court · 1944
  5. Reconstruction Finance Corporation v. TeterCourt of Appeals for the Seventh Circuit · 1941

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3Cited by2 opinions

  1. Dillman v. CommissionerUnited States Tax Court · 1975
  2. Dillman v. CommissionerUnited States Tax Court · 1975

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