Legal Opinion
Fed. Sec. L. Rep. P 91,840 Thomas M. Trecker v. Dane T. Scag, Wisconsin Marine, Inc., and Ransomes, Sims and Jefferies, Ltd.
Court of Appeals for the Seventh Circuit
Decided November 6, 1984No. 83-2725PublishedCited by 8 opinions
1Opinion of the Court
CUMMINGS, Chief Judge.
Plaintiff Thomas Trecker and one of the defendants, Dane Scag, formed Wisconsin Marine, Inc. (“WMI”) in 1971, each receiving part of the company’s stock. The two men agreed that if WMI could not employ Trecker full-time, he could redeem his stock in WMI at book value or the original issuance price, whichever was higher. Plaintiff asked for redemption of his shares in 1973, but WMI did not act on his request until 1976 when it rejected the redemption demand. Trecker then filed an action in a Wisconsin court, requesting specific performance of the redemption agreement. The…
2Cases cited11 opinions
- David K. Guenther v. Mark Holmgreen and City of Black River FallsCourt of Appeals for the Seventh Circuit · 1984
- Reid v. United StatesCourt of Appeals for the Seventh Circuit · 1983
- Wright v. Heizer Corp.Court of Appeals for the Seventh Circuit · 1977
- Millard Scudder v. Town of Greendale, IndianaCourt of Appeals for the Seventh Circuit · 1983
- John Gilles v. Burton Construction Company, an Illinois CorporationCourt of Appeals for the Seventh Circuit · 1984
6 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Walter G. Finch v. Hughes Aircraft CompanyCourt of Appeals for the Federal Circuit · 1991
- Arnold W. Hilgeford and Martha A. Hilgeford v. The Peoples Bank, Portland, IndianaCourt of Appeals for the Seventh Circuit · 1985
- James Constant v. The United StatesCourt of Appeals for the Federal Circuit · 1991
- Andrew F. Glick and Susanne M. Glick, His Wife and Andrew F. Glick, a Trustee of the River City Family Trust v. John S. GutbrodCourt of Appeals for the Seventh Circuit · 1986
- Andres Flores v. The Levy Company, an Illinois CorporationCourt of Appeals for the Seventh Circuit · 1985
3 more not listed; retrieve them via the Exa API.