Continental-Midwest Corp. v. Hotel Sherman, Inc.
Appellate Court of Illinois
1Opinion of the Court
JUDGrE KILEY
delivered the opinion of the court.
This is an appeal by defendants from an order for a temporary injunction (Sec. 78, CPA) [Ill. Rev. Stats. 1955, ch. 110, § 78] in favor of plaintiff, a minority stockholder in Hotel Sherman, Inc., referred to herein as Sherman. The order restrains defendants (a) from voting Sherman stock held by its subsidiary, Ambassador East, Inc., referred to herein as Ambassador; (b) from purchasing, acquiring or exchanging any of the stock of Sherman; (c) from declaring or paying dividends by Sherman until its current assets exceed its current liabilities;…
Also in this document: Concurrence.
2Cases cited9 opinions
- Babcock v. FarwellIllinois Supreme Court · 1910
- Carpenters' Union v. Citizens Committee to Enforce the Landis AwardIllinois Supreme Court · 1928
- Italo Petroleum Corp. of America v. Producers Oil Corp. of AmericaCourt of Chancery of Delaware · 1934
- Voorhees v. MasonIllinois Supreme Court · 1910
- Stevenson v. LoehrIllinois Supreme Court · 1871
4 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Bridgeview Health Care Center, Ltd. v. State Farm Fire and Casualty CompanyIllinois Supreme Court · 2014
- City of Chicago v. WestphalenAppellate Court of Illinois · 1981
- Harriman v. E. I. Du Pont De Nemours & Co.District Court, D. Delaware · 1975
- Lipkin v. BurnstineAppellate Court of Illinois · 1958
- Cleveland Trust Co. v. EatonOhio Supreme Court · 1970
7 more not listed; retrieve them via the Exa API.