Legal Opinion
Nemkov v. O'Hare Chicago Corp.
Court of Appeals for the Seventh Circuit
Decided January 24, 1979No. 78-1333PublishedCited by 1 opinion
1Opinion of the Court
TONE, Circuit Judge.
Plaintiffs, participants in a shareholder’s voting trust, seek to have the trust agreement rescinded and their stock returned on the ground that, in soliciting their participation, the promoters of the trust failed to state a material fact in violation of the federal securities laws. The District Court dismissed the complaint on the ground that plaintiffs had failed to state a claim on which relief could be granted. We affirm.
Plaintiffs are shareholders of the O’Hare Chicago Corporation, which owns and operates the Ramada O’Hare Inn in Rosemont, Illinois. Sometime in 1969…
2Cases cited19 opinions
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- Holmberg v. ArmbrechtSupreme Court of the United States · 1946
- Superintendent of Insurance of New York v. Bankers Life & Casualty Co.Supreme Court of the United States · 1971
- International Brotherhood of Teamsters v. DanielSupreme Court of the United States · 1979
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3Cited by1 opinion
- Nemkov v. O'hare Chicago CorporationCourt of Appeals for the Seventh Circuit · 1979