Legal Opinion
Wright v. Heizer Corp.
District Court, N.D. Illinois
Decided October 28, 1980No. 72 C 2536PublishedCited by 5 opinions
1Opinion of the Court
MEMORANDUM DECISION
MARSHALL, District Judge.
We have four issues to resolve in this shareholder derivative suit brought on behalf of International Digisonics Corporation (IDC) against defendant Heizer Corporation (Heizer). Plaintiffs alleged that Heizer defrauded IDC in a series of five transactions in which Heizer purchased IDC preferred stock and made loans in exchange for both demand notes and stock warrants. After we rendered our decision, 411 F.Supp. 23 (D.C.Ill.), the Court of Appeals affirmed in part and vacated in part, with directions to modify. Wright v. Heizer Corp., 560 F.2d 236…
2Cases cited58 opinions
- Alyeska Pipeline Service Co. v. Wilderness SocietySupreme Court of the United States · 1975
- Johnson v. Georgia Highway Express, Inc.Court of Appeals for the Fifth Circuit · 1974
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
- City of Detroit v. Grinnell Corporation, Manhattan-Ward, Incorporated v. Grinnell Corporation, 1225 Vine Street Building, Inc. v. Grinnell CorporationCourt of Appeals for the Second Circuit · 1974
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3Cited by5 opinions
- Klang v. Smith's Food & Drug Centers, Inc.Supreme Court of Delaware · 1997
- Matthews v. United StatesDistrict Court, M.D. Georgia · 1981
- Libco Corp. v. Leigh (In Re Reliable Manufacturing Corp.)District Court, N.D. Illinois · 1981
- Truserv Corp. v. Bess Hardware and Sports, Inc.Appellate Court of Illinois · 2004
- TruServ Corp. v. Bess Hardware & Sports, Inc.Appellate Court of Illinois · 2004