Legal Opinion
Albert Trostel & Sons Co. v. Notz
Court of Appeals for the Seventh Circuit
Decided May 10, 2012No. 10-3509PublishedCited by 3 opinions
1Opinion of the Court
EASTERBROOK, Chief Judge.
Albert Trostel & Sons Company (Trostel) was founded in 1858. By 2007 the founder’s relations still owned about 11% of its stock. Everett Smith Group, Ltd. (Smith), which owned the other 89%, decided to acquire the remaining shares via a freezeout merger. Voting was a formality; Smith’s shares assured the merger’s approval. Trostel became Smith’s wholly owned subsidiary. Edward Notz, one of Albert Trostel’s great grandchildren, who owned 5.5% of the stock (some directly, some through a trust), rejected the proffered compensation of $11,900 per share— which came to…
2Cases cited18 opinions
- City of Chicago v. International College of SurgeonsSupreme Court of the United States · 1997
- Mitsubishi Motors Corp. v. Soler Chrysler-Plymouth, Inc.Supreme Court of the United States · 1985
- The Bremen v. Zapata Off-Shore Co.Supreme Court of the United States · 1972
- Carnival Cruise Lines, Inc. v. ShuteSupreme Court of the United States · 1991
- Trustees of Dartmouth College v. WoodwardSupreme Court of the United States · 1819
13 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Edelson PC v. The Bandas Law Firm PCDistrict Court, N.D. Illinois · 2018
- King v. WangDistrict Court, S.D. New York · 2021
- Soo Line Railroad Company, d/b/a CPKC v. Village of Elm GroveDistrict Court, E.D. Wisconsin · 2025