Legal Opinion
Edward F. BAGDON, Plaintiff-Appellee—Cross-Appellant, v. BRIDGESTONE/FIRESTONE, INC., Defendant-Appellant—Cross-Appellee
Court of Appeals for the Seventh Circuit
Decided November 13, 1990No. 89-3724 and 89-3774PublishedCited by 76 opinions
1Opinion of the Court
EASTERBROOK, Circuit Judge.
Many of the Firestone auto service stores throughout the nation have been separately incorporated. Firestone establishes corporations in which it and the store’s manager own stock, using this as a device to reward the manager for success and cement the manager’s loyalty to the firm. Although this may spur managers to success, it has other effects. With the corporate form come the duties of corporate law. Firestone acquired 300 auto centers from J.C. Penney Co. and operated some in competition with its existing stores. Edward F. Bagdon, the manager of a store in…
2Cases cited30 opinions
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- Strawbridge v. CurtissSupreme Court of the United States · 1806
- Newman-Green, Inc. v. Alfonzo-LarrainSupreme Court of the United States · 1989
- Koster v. (American) Lumbermens Mutual Casualty Co.Supreme Court of the United States · 1947
- Smith v. SperlingSupreme Court of the United States · 1957
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3Cited by76 opinions
- Simmons v. MillerSupreme Court of Virginia · 2001
- Rawoof v. Texor Petroleum Co., Inc.Court of Appeals for the Seventh Circuit · 2008
- Firstar Bank, N.A., a National Banking Association v. Lawrence J. Faul and Faul Chevrolet, Incorporated, an Illinois CorporationCourt of Appeals for the First Circuit · 2001
- Hill v. OfaltSuperior Court of Pennsylvania · 2014
- Landstrom v. ShaverSouth Dakota Supreme Court · 1997
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