Legal Opinion
Davis v. Dyson
Appellate Court of Illinois
Decided December 19, 2008No. 1-07-2927PublishedCited by 31 opinions
1Opinion of the CourtJustice Joseph Gordon
Plaintiffs, homeowners in the Granville Beach Condominium Association (Association), brought suit against former members of the Association’s board of directors. They alleged that the property manager embezzled more than $550,000 from the Association, and the former directors failed to take proper precautions to protect the Association from such losses. As a result, plaintiffs sought damages against the former directors for this alleged breach of fiduciary duty, both on a derivative basis and as individuals.
The trial court dismissed both claims. With respect to the derivative claim, it found…
2Cases cited34 opinions
- Joseph B. KAUFFMAN Et Al. v. the DREYFUS FUND, INC., Et Al., Investors Diversified Services, Inc., Et Al., AppellantsCourt of Appeals for the Third Circuit · 1970
- People v. WardIllinois Supreme Court · 2005
- Kalata v. Anheuser-Busch Companies, Inc.Illinois Supreme Court · 1991
- Meyer v. FlemingSupreme Court of the United States · 1946
- Barthel v. Illinois Central Gulf RailroadIllinois Supreme Court · 1978
29 more not listed; retrieve them via the Exa API.
3Cited by31 opinions
- Keith Horist v. Sudler & CompanyCourt of Appeals for the Seventh Circuit · 2019
- Duffy v. Orlan Brook Condominium Owners' AssociationAppellate Court of Illinois · 2012
- River Plaza Homeowner's Ass'n v. HealeyAppellate Court of Illinois · 2009
- Palm v. 2800 Lake Shore Drive Condominium AssociationAppellate Court of Illinois · 2014
- D'Attomo v. BaumbeckAppellate Court of Illinois · 2015
26 more not listed; retrieve them via the Exa API.