Legal Opinion

Automatic Liquid Packaging, Inc. v. Jack E. Dominik

Court of Appeals for the Seventh Circuit

Decided July 27, 1988No. 87-3144PublishedCited by 27 opinions

1Opinion of the Court

POSNER, Circuit Judge.

Before us is the appeal of Automatic Liquid Packaging, Inc., a closely held manufacturing corporation that was incorporated in 1968 with the assistance of its lawyer, Jack Dominik. In exchange for his services Dominik was allowed to buy a substantial block of shares in the new company. He drafted an agreement whereby for ten years any shareholder who either wanted to sell his shares or ceased to be employed by the company would have to offer his shares to the company at a price determined by a formula in the agreement. Dominik, the only shareholder not actually employed…

2Cases cited21 opinions

  1. Curtiss-Wright Corp. v. General Electric Co.Supreme Court of the United States · 1980
  2. Cold Metal Process Co. v. United Engineering & Foundry Co.Supreme Court of the United States · 1956
  3. Jack Walters & Sons Corp. v. Morton Building, Inc.Court of Appeals for the Seventh Circuit · 1984
  4. Exchange National Bank of Chicago v. Harold Daniels and Irene DanielsCourt of Appeals for the Seventh Circuit · 1985
  5. National Metalcrafters v. McNeilCourt of Appeals for the Seventh Circuit · 1986

16 more not listed; retrieve them via the Exa API.

3Cited by27 opinions

  1. Horn v. Transcon Lines, Inc.Court of Appeals for the Seventh Circuit · 1990
  2. Olympia Hotels Corp. v. Johnson Wax Development Corp.Court of Appeals for the Seventh Circuit · 1990
  3. Itofca, Inc. v. Megatrans Logistics, Inc.Court of Appeals for the Seventh Circuit · 2000
  4. Kennecott Corp. v. Utah State Tax CommissionUtah Supreme Court · 1991
  5. Indiana Harbor Belt Railroad Company v. American Cyanamid CompanyCourt of Appeals for the Seventh Circuit · 1988

22 more not listed; retrieve them via the Exa API.

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