Legal Opinion
Himel v. Continental Illinois National Bank & Trust Co.
District Court, N.D. Illinois
Decided April 25, 1977No. 72 C 1542PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM OPINION
FLAUM, District Judge:
Plaintiffs in this cause are the beneficiaries of a trust established in the will of their grandfather, Antonio Mora, on September 30, 1928. Defendant, Continental Illinois National Bank and Trust Company of Chicago (“Continental”), has been since 1929, and is presently the trustee of the aforementioned “Mora trust.” The gravamen of plaintiffs’ complaint is that Continental, in its operation of the Mora trust, breached its common law fiduciary duty to plaintiffs and violated the Securities Exchange Act of 1934, § 10(b), 15 U.S.C. § 78j(b). Plaintiffs…
2Cases cited12 opinions
- Chicot County Drainage District v. Baxter State BankSupreme Court of the United States · 1940
- United States v. California & Oregon Land Co.Supreme Court of the United States · 1904
- Lawrence W. Lambert v. David R. Conrad and Martha CarlsonCourt of Appeals for the Seventh Circuit · 1976
- Curtiss v. BrownIllinois Supreme Court · 1862
- Pierog v. H. F. Karl Contractors, Inc.Appellate Court of Illinois · 1976
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3Cited by3 opinions
- Chester M. Himel v. Continental Illinois National Bank and Trust Company of ChicagoCourt of Appeals for the Seventh Circuit · 1979
- Sheen v. Continental InsuranceSupreme Court of The Virgin Islands · 1982
- Chester M. Himel v. Continental Illinois National Bank and Trust Company of ChicagoCourt of Appeals for the Seventh Circuit · 1979