Legal Opinion

Lasday Ex Rel. Larsid Inc. v. Weiner

Appellate Court of Illinois

Decided June 28, 1995No. 1-92-1250PublishedCited by 9 opinions

1Opinion of the CourtJustice Tully

Plaintiff, Lawrence W. Lasday (hereinafter Lasday), filed a shareholder derivative suit in equity to recover corporate funds on behalf of Larsid, Incorporated (hereinafter Larsid), to prevent the removal of officers and to judicially dissolve the corporation. The trial court ordered defendant Sidney Weiner (hereinafter Weiner) to return $102,000, which he had previously appropriated for his own use, to an authorized Larsid bank account. Plaintiff then petitioned the court to recover the attorney fees expended to recover those funds. The trial court ordered defendant to personally pay interim…

2Cases cited9 opinions

  1. Kerns v. EngelkeIllinois Supreme Court · 1979
  2. Kaiser v. MEPC American Properties, Inc.Appellate Court of Illinois · 1987
  3. De Fontaine v. PassalinoAppellate Court of Illinois · 1991
  4. Mars v. PriesterAppellate Court of Illinois · 1990
  5. Lurie v. Canadian Javelin LimitedIllinois Supreme Court · 1982

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3Cited by9 opinions

  1. Wachovia Securities, LLC v. Banco Panamericano, Inc.Court of Appeals for the Seventh Circuit · 2012
  2. Mid-American Elevator Co. v. Norcon, Inc.Appellate Court of Illinois · 1997
  3. Trossman v. PhilipsbornAppellate Court of Illinois · 2007
  4. Gulf Insurance Group v. Narumanchi (In Re Narumanchi)United States Bankruptcy Court, D. Connecticut · 1998
  5. Cziraki v. Thunder Cats, Inc.California Court of Appeal · 2003

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