Apicella v. Paf Corp.
Ohio Court of Appeals
1Opinion of the CourtNahra, J.
PAF Corporation (“PAF”) was incorporated in April 1967, to engage in various real estate transactions. Five hundred shares were authorized at $100 per share. Theodore G. Poulos, Michael Fornaro, Jr., and Peter Apicella each purchased two shares. No other shares have been issued. Apicella, Fornaro and Poulos elected themselves as directors and elected Poulos as President, Fornaro as Vice President, and Apicella as Secretary and Treasurer. Poulos and Fornaro are brothers-in-law.
PAF purchased property located at 527 South Green Road in South Euclid. In September 1967, PAF leased its property to…
2Cases cited9 opinions
- United States v. ByrumSupreme Court of the United States · 1972
- McKay Machine Co. v. RodmanOhio Supreme Court · 1967
- Schuckman v. RubensteinCourt of Appeals for the Sixth Circuit · 1947
- Fed. Sec. L. Rep. P 97,545 Ohio Drill & Tool Company, Cross-Appellants v. Fred H. Johnson, Cross-AppelleesCourt of Appeals for the Sixth Circuit · 1980
- Truman v. Coghlin Machinery & Supply Co.Ohio Court of Appeals · 1919
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- Luper v. Banner Industries, Inc. (In Re Lee Way Holding Co.)United States Bankruptcy Court, S.D. Ohio · 1989
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