UNITED STATES v. PALAKOW

No. 66-C-222.

298 F.Supp. 1378 (1969)

UNITED STATES of America, Acting for and on Behalf of SMALL BUSINESS ADMINISTRATION, Plaintiff, v. Gertrude J. PALAKOW, as Executrix of the Estate of Marshall J. Palakow, Belvedere Investment Corporation (a Wisconsin Corporation), and Manuel Levin, Defendants.

United States District Court E. D. Wisconsin.

April 8, 1969.


Attorney(s) appearing for the Case

Robert J. Lerner, U. S. Atty., Milwaukee, Wis., for plaintiff.

Emil Hersh, Milwaukee, Wis., for Manuel Levin.

A. L. Skolnik, Milwaukee, Wis., for Gertrude J. Palakow.


OPINION and ORDER

MYRON L. GORDON, District Judge.

The Small Business Administration has commenced this action contending that the defendants, Levin and Palakow, committed a breach of their fiduciary duties owed to the SBA. The defendants have moved to dismiss the complaint on the ground that the action is barred by Wis.Stat. § 180.787 since the complaint was filed more than two years after the date of dissolution of the Belvedere Investment Corporation...

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