Legal Opinion

Chapman v. United Insurance Co. of America

Appellate Court of Illinois

Decided September 16, 1992No. 1-91-2014PublishedCited by 12 opinions

1Opinion of the Court

PRESIDING JUSTICE GREIMAN

delivered the opinion of the court:

United Insurance Company of America (United) has appealed a nonfinal order of the circuit court of Cook County which provided that the appellees, certain shareholders of United (shareholders), could proceed with an action for the appraisal of their United shares following a merger of that company with Teledyne, Incorporated.

Section 167(1) of the Illinois Insurance Code (Ill. Rev. Stat. 1989, ch. 73, par. 779(1)) establishes the process for evaluation of the shares of dissenting shareholders in a merger or consolidation or plan of…

2Cases cited10 opinions

  1. O'CONNELL v. St. Francis HospitalIllinois Supreme Court · 1986
  2. People Ex Rel. Scott v. SilversteinIllinois Supreme Court · 1981
  3. People v. YoungIllinois Supreme Court · 1980
  4. People Ex Rel. Stamos v. JonesIllinois Supreme Court · 1968
  5. Catlett v. NovakIllinois Supreme Court · 1987

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3Cited by12 opinions

  1. Desnick v. Department of Professional RegulationIllinois Supreme Court · 1996
  2. Weiss v. Waterhouse Securities, Inc.Appellate Court of Illinois · 2002
  3. Vasquez Gonzalez v. Union Health Service, Inc.Illinois Supreme Court · 2019
  4. Litvak v. 155 Harbor Drive Condo. Ass'n, Inc.Appellate Court of Illinois · 1993
  5. People v. $280,020 United States CurrencyAppellate Court of Illinois · 2007

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