Legal Opinion
Rosenstein v. CMC Real Estate Corp.
Appellate Court of Illinois
Decided March 11, 1988No. 87-1584PublishedCited by 5 opinions
1Opinion of the CourtJustice Sullivan
Plaintiffs, David Rosenstein and Beverly Rosenstein, appeal from an order dismissing their complaint against defendants, CMC Real Estate Corporation, Chicago Milwaukee Corporation and CMCRE Merger Corporation, for breach of fiduciary duty. Plaintiffs contend that the court erred in dismissing their complaint.
CMC Real Estate Corporation (CMCREC), formerly the Chicago, Milwaukee, St. Paul and Pacific Railroad Company, recently emerged from reorganization in bankruptcy. Chicago Milwaukee Corporation (CMC), a Delaware corporation, owned 2,092,720 shares of CMCREC’s common stock, approximately 96%…
2Cases cited16 opinions
- Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
- Ruloff v. . the PeopleNew York Court of Appeals · 1858
- Rath v. Rath Packing CompanySupreme Court of Iowa · 1965
- Roland International Corp. v. NajjarSupreme Court of Delaware · 1979
- Stauffer v. Standard Brands Inc.Court of Chancery of Delaware · 1962
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3Cited by5 opinions
- Ira Ex Rel. Oppenheimer v. Brenner Companies, Inc.Court of Appeals of North Carolina · 1992
- McMinn v. MBF Operating, Inc.New Mexico Court of Appeals · 2006
- In Re Determination Pursuant to Chapter 31, Article 1, Sections 122 & 123 of the Code of West Virginia of 1931, Amended, of Fair Value of Shares of Bank of RipleyWest Virginia Supreme Court · 1990
- Krieger v. GastDistrict Court, W.D. Michigan · 2000
- Pritchard v. MeadCourt of Appeals of Wisconsin · 1990