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ROSE v. SCHANTZ

No. 215.

56 Wis.2d 222 (1972)

201 N.W.2d 593

ROSE, Respondent, v. SCHANTZ and another, Appellants.

Supreme Court of Wisconsin.

Decided October 31, 1972.

Attorney(s) appearing for the Case

For the appellants there was a brief and oral argument by Erwin E. Nemmers of Chicago, Illinois.

For the respondent there was a brief by Walther & Halling and Herbert Morse, attorneys, and David L. Walther and F. M. Van Hecke of counsel, all of Milwaukee, and oral argument by David L. Walther.

ROBERT W. HANSEN, J.

The demurrer here challenged: (1) The derivative cause of action; (2) the direct stockholder action; and (3) the joinder of causes of actions and parties. Each involves a separate area of inquiry, and will be so approached.

Derivative action.

We deal here with the statutory restrictions surrounding the bringing of stockholders' derivative actions.1...

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