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NUSSBACHER v. CONTINENTAL ILL. NAT. B. & T. CO., CHICAGO

No. 74-1142.

518 F.2d 873 (1975)

Mollie NUSSBACHER, Plaintiff-Appellant, v. CONTINENTAL ILLINOIS NATIONAL BANK AND TRUST COMPANY OF CHICAGO et al., Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided July 15, 1975.

Rehearing Denied September 24, 1975.

Attorney(s) appearing for the Case

Robert F. Sharp, Chicago, Ill., Sidney B. Silverman, New York City, for plaintiff-appellant.

Bryson P. Burnham, Chicago, Ill., for defendants-appellees.

Before FAIRCHILD, Chief Judge, PELL, Circuit Judge, and WYZANSKI, Senior District Judge.

PELL, Circuit Judge.

This is an appeal from a final judgment order dismissing the amended derivative complaint of Mollie Nussbacher, a stockholder of Leasco Corporation. Defendants named were the Continental Illinois National Bank and Trust Company of Chicago, appellant herein, Leasco Corporation and the nine members of Leasco's board of directors. Pursuant to directions of the plaintiff no attempt was made to serve the individual defendants with process. Finding...

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