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PAULMAN v. KRITZER

No. 40267.

38 Ill.2d 101 (1967)

230 N.E.2d 262

EDITH KRITZER PAULMAN, Appellee, v. HENRY E. KRITZER et al., Appellants.

Supreme Court of Illinois.

Opinion filed September 29, 1967.

Attorney(s) appearing for the Case

WINSTON, STRAWN, SMITH & PATTERSON, of Chicago, (GEORGE B. CHRISTENSEN and RICHARD J. PIGOTT, and R. LAWRENCE STORMS, of counsel,) for appellants.

PEEBLES, GREENBERG, KEELE, LUNN & FORD, of Chicago, (HAROLD M. KEELE and HALBERT O. CREWS, of counsel,) for appellee.

Judgment affirmed.

Mr. CHIEF JUSTICE SOLFISBURG delivered the opinion of the court:

This stockholders' derivative suit was initiated by the plaintiff, Edith Kritzer Paulman, and her sister for the benefit of the defendant Kritzer Radiant Coils, Inc., a Delaware corporation, herein called KRC, against a brother, Henry E. Kritzer, Sr. and others alleging that Kritzer violated the fiduciary duty owed by him to KRC, as an officer and director, and utilized certain...

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