Legal Opinion
Swanson v. American Consumers Industries, Inc.
Court of Appeals for the Seventh Circuit
Decided March 6, 1973No. 71-1639PublishedCited by 9 opinions
1Opinion of the Court
CUMMINGS, Circuit Judge.
Plaintiff is a stockholder of defendant Peoria Service Company (Peoria), a dissolved Illinois corporation that formerly operated two cold storage warehouse facilities in Peoria, Illinois. The complaint was brought derivative!y on behalf of Peoria and also on behalf of plaintiff and all other similarly situated stockholders. In addition to the nominal defendant, Peoria, the complaint named as defendants United States Cold Storage Corporation (U.S. Cold), which owns 87 per cent of Peoria stock, and American Consumer Industries, Inc. (ACI), which owns 90 per cent of U.S.…
2Cases cited9 opinions
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
- Knute Swanson v. American Consumer Industries, Inc., United States Cold Storage Corporation and Peoria Service CompanyCourt of Appeals for the Seventh Circuit · 1969
- Fed. Sec. L. Rep. P 93,342 William Dasho v. The Susquehanna CorporationCourt of Appeals for the Seventh Circuit · 1972
- Elmer E. Mills and Louis Susman, and v. The Electric Autolite Company Mergenthaler Linotype Company American Mfg. Co., Inc., AndCourt of Appeals for the Seventh Circuit · 1968
4 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Virginia Bankshares, Inc. v. SandbergSupreme Court of the United States · 1991
- Fed. Sec. L. Rep. P 94,853 John Schlick v. Penn-Dixie Cement CorporationCourt of Appeals for the Second Circuit · 1974
- Fed. Sec. L. Rep. P 94,975 Michelle K. Tomera, on Behalf of Herself and All Others Similarly Situated v. Arthur T. Galt, Jr.Court of Appeals for the Seventh Circuit · 1975
- Fed. Sec. L. Rep. P 96,263 Frank S. Yamamoto, Individually And, Derivatively, on Behalf of Investors Finance, Inc. v. Kazuo OmiyaCourt of Appeals for the Ninth Circuit · 1977
- Issen v. GSC Enterprisers, Inc.District Court, N.D. Illinois · 1981
4 more not listed; retrieve them via the Exa API.