Baker, Bourgeois & Associates, Inc. v. Taylor

This is an appeal from summary judgment in favor of defendants in plaintiffs’ action alleging a conspiracy to defraud and to deprive plaintiffs of the benefits of a management agreement. Plaintiffs are Baker, Bourgeois & Associates, Inc. (BB&A), and BB&A’s sole owners, Jerome Baker and Lee Bourgeois. Defendants are Main Corporation (Main Corp.), a bank holding company; Main Bank of Chicago (Main Bank or the Bank); Main Automated Services, Inc. (MAS), also a subsidiary of Main Corp. and the subject of the management agreement in dispute; Sidney Taylor, chairman of the board of Main Corp., Main…