Peter Georgou, Mary Ann Georgou, and Contessa Main Street Corporation v. Robert S. Fritzshall, Steven N. Fritzshall, and Rick A. Gleason
Court of Appeals for the Seventh Circuit
1Opinion of the Court
EASTERBROOK, Circuit Judge.
Four friends operated Contessa, a restaurant in Skokie, Illinois. George and Thomas Kalabogias cooked; Peter Geor-gou and his wife Mary Ann Georgou ran the business side. Peter and Mary Ann jointly owned 51% of the stock, the Kala-bogias brothers 49%. Things began to unravel when Peter Georgou fired George Kalabogias in 1985. Thomas Kalabogias quit early in 1986. One of the Kalabogias brothers appropriated a ledger that Peter had maintained for 1983. An analysis of this ledger led Thomas’s lawyer to conclude that Peter had been keeping two sets of books, and had…
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