Richard M. Perlman and Perlman Marketplace Investors v. Samuel Zell
Court of Appeals for the Seventh Circuit
1Opinion of the Court
EASTERBROOK, Circuit Judge.
Between 1976 and 1990 Richard Perl-man worked at Equity Financial and Man agement Company, a real estate syndication and management group under the control of Samuel Zell and Robert Lurie. While at Equity, Perlman invested in several of the firm’s real estate partnerships. Perlman also received “participations” in other partnerships — that is, fractional interests in Equity’s share of these partnerships. Paying employees with partic-ipations put their self-interest to work; participation holders would profit only to the extent other investors did.
After leaving…
2Cases cited18 opinions
- Neder v. United StatesSupreme Court of the United States · 1999
- Sedima, S. P. R. L. v. Imrex Co.Supreme Court of the United States · 1985
- H. J. Inc. v. Northwestern Bell Telephone Co.Supreme Court of the United States · 1989
- In the Matter of Oil Spill by the Amoco Cadiz Off the Coast of France on March 16, 1978Court of Appeals for the Seventh Circuit · 1992
- Beatrice WILLIAMSON, Plaintiff-Appellee-Cross-Appellant, v. HANDY BUTTON MACHINE COMPANY, Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Seventh Circuit · 1987
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- Scholz v. S.B. International, Inc.Court of Appeals of Tennessee · 2000
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