BARNETT v. ITC

Docket No. 28425.

80 Mich. App. 396 (1978)

263 N.W.2d 908

BARNETT v. INTERNATIONAL TENNIS CORPORATION

Michigan Court of Appeals.

Decided January 4, 1978.


Attorney(s) appearing for the Case

Keywell & Rosenfeld (by Frederic I. Keywell, Sidney L. Frank and Stephen E. Handelman), for plaintiff.

Barris, Sott, Denn & Driker (by Donald E. Barris, Sharon M. Woods and William C. Edmunds), for defendants.

Before: D.E. HOLBROOK, P.J., and N.J. KAUFMAN and J.E. McDONALD, JJ.


D.E. HOLBROOK, P.J.

On August 9, 1973, plaintiff Robert Barnett, shareholder and director of defendant International Tennis Corporation (ITC), successor to Franklin Racquet Club, Incorporated, filed a shareholder's derivative action seeking, inter alia, restoration to the corporation of a part of the salaries paid to defendants Seymour Brode and Marshall Greenspan (also shareholders and directors of the corporation), dissolution of the corporation and for the...

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