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POLON v. HUFFINES

No. 18520.

446 F.2d 384 (1971)

Marjorie G. POLON, Plaintiff-Appellant, v. R. L. HUFFINES, Jr., et al., Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

July 16, 1971.

Attorney(s) appearing for the Case

Kenneth L. Kwiatt, Chicago, Ill., Louis Kipnis, New York City, for plaintiff-appellant.

Seymour J. Kurtz, Chicago, Ill., for defendants-appellees.

Before CASTLE, Senior Circuit Judge, and KERNER and PELL, Circuit Judges.

KERNER, Circuit Judge.

This is an appeal from a minority shareholder's derivative action brought on behalf of the shareholder's corporation, Defiance Industries, Inc. (Defiance), against Victor Muscat,1 former president, director and principal shareholder. Subsequent to the commencement of the action the nominal defendant, Defiance, was merged into El-Tronics, Inc. (El-Tronics). Both El-Tronics and plaintiff-shareholder appeal the district...

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