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ERLICH v. NYBERG

No. 78-1449.

78 Ill. App.3d 500 (1979)

396 N.E.2d 1273

RICHARD ERLICH, Plaintiff-Appellant, v. RALPH NYBERG et al., Defendants-Appellees.

Appellate Court of Illinois — First District (5th Division).

Opinion filed November 9, 1979.

Attorney(s) appearing for the Case

Feiwell, Galper & Lasky, Ltd., of Chicago (George S. Feiwell and Bernard L. Rivkin, of counsel), for appellant.

Wilson Frost and Paul P. Preston, both of Chicago, for appellee.

Judgment affirmed.

Mr. PRESIDING JUSTICE SULLIVAN delivered the opinion of the court:

Plaintiff purchased 50 percent of the outstanding stock in the defendant 111 W. Division Operating Corporation (the corporation) which leased, operated and managed the Mark Twain Hotel in Chicago. The corporation refused to issue new certificates in plaintiff's name, asserting that he had acquired the stock in violation of a transfer restriction. Subsequently, defendants...

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