Legal Opinion

Paulman v. Kritzer

Appellate Court of Illinois

Decided September 1, 1966No. Gen. 65-121PublishedCited by 39 opinions

1Opinion of the CourtJustice Davis

This suit was instituted by the plaintiff and her sister as a stockholders’ derivative suit for the benefit of the defendant, Kritzer Radiant Coils, Inc., a Delaware Corporation, herein called KRC. The plaintiff contends that her brother, the defendant Henry E. Kritzer, Sr., herein called Kritzer, violated the fiduciary duty owed by him to KRC as an officer and director in seizing certain corporate opportunities for his own benefit. The plaintiff’s sister withdrew from the case before testimony was heard before the Special Master.

Since 1954 Kritzer has been president and a member of the Board…

2Cases cited8 opinions

  1. Meinhard v. SalmonNew York Court of Appeals · 1928
  2. Guth v. Loft, Inc.Supreme Court of Delaware · 1939
  3. Durfee v. Durfee & Canning, Inc.Massachusetts Supreme Judicial Court · 1948
  4. Shlensky v. South Parkway Building Corp.Illinois Supreme Court · 1960
  5. Farwell v. Pyle-National Electric Headlight Co.Illinois Supreme Court · 1919

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3Cited by39 opinions

  1. Vendo Company v. StonerIllinois Supreme Court · 1974
  2. Edward F. BAGDON, Plaintiff-Appellee—Cross-Appellant, v. BRIDGESTONE/FIRESTONE, INC., Defendant-Appellant—Cross-AppelleeCourt of Appeals for the Seventh Circuit · 1990
  3. Graham v. MimmsAppellate Court of Illinois · 1982
  4. Miller v. MillerSupreme Court of Minnesota · 1974
  5. Resolution Trust Corporation v. Henry ChapmanCourt of Appeals for the Seventh Circuit · 1994

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