Legal Opinion

Klein v. George G. Kerasotes Corp.

Court of Appeals for the Seventh Circuit

Decided September 14, 2007No. 06-2313PublishedCited by 18 opinions

1Opinion of the Court

WOOD, Circuit Judge.

This case involves a dispute that arose when Michael P. Kerasotes was forced to sell his shares in a closely held family corporation, the George P. Kerasotes Corporation (“the Corporation”), back to the Corporation. Kerasotes, now replaced on appeal by his Chapter Seven bankruptcy trustee, Michael P. Klein, is trying to raise a number of claims in connection with that transaction, including that the sale was compelled, the valuation of the stock was misrepresented, and the price the Corporation paid for his stock was improperly discounted. The only question before this…

2Cases cited10 opinions

  1. Walker v. Armco Steel Corp.Supreme Court of the United States · 1980
  2. Hall v. Geiger-Jones Co.Supreme Court of the United States · 1917
  3. W. Kenneth Tregenza, James E. Haas, and Erwin B. Seegers v. Great American Communications Company and Shearson Lehman Brothers, IncorporatedCourt of Appeals for the Seventh Circuit · 1993
  4. James S. Jordan, Cross-Appellee v. Duff and Phelps, Inc., Claire v. Hansen, and Francis E. Jeffries, Defendants- Cross-AppellantsCourt of Appeals for the Seventh Circuit · 1987
  5. Cunningham v. HuffmanIllinois Supreme Court · 1993

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3Cited by18 opinions

  1. Orgone Capital III, LLC v. Keith DaubenspeckCourt of Appeals for the Seventh Circuit · 2019
  2. Steven Menzies v. Seyfarth Shaw LLPCourt of Appeals for the Seventh Circuit · 2019
  3. Carpenter v. Exelon Enterprises Company, LLCAppellate Court of Illinois · 2010
  4. Dimensional Emerging Markets Value Fund v. Petróleo Brasileiro S.A.District Court, S.D. New York · 2016
  5. First National Bank & Trust Co. v. McGraw-Hill Companies, Inc.District Court, N.D. Illinois · 2015

13 more not listed; retrieve them via the Exa API.

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