CANADIAN ACE BREWING v. JOSEPH SCHLITZ BREWING CO.

Nos. 79-2046, 79-2237 and 79-2275.

629 F.2d 1183 (1980)

CANADIAN ACE BREWING CO., et al., Plaintiffs-Appellants, v. JOSEPH SCHLITZ BREWING CO., Defendant-Appellee. Ida G. SCHULTZ, Marcelle G. Keeshin, and Allen H. Schultz, in their individual capacities, Plaintiffs-Appellants, Cross-Appellees, v. ANHEUSER-BUSCH, INC., Defendant-Appellee, Cross-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided May 21, 1980.

As Amended May 22, 1980.


Attorney(s) appearing for the Case

Allen H. Schultz, Chicago, Ill., for plaintiffs-appellants.

Paul H. LaRue, Chicago, Ill., Scott E. Flick, Washington, D. C., for defendant-appellee.

Before FAIRCHILD, Chief Judge, and SWYGERT and BAUER, Circuit Judges.


FAIRCHILD, Chief Judge.

These two appeals from judgments in favor of defendants raise the question whether actions under the antitrust laws by former stockholders for injuries to their dissolved corporation are barred by the Illinois Business Corporation Act, Ill.Rev.Stat. ch. 32 § 157.94, which limits the time period for a dissolved corporation to sue (or be sued) to within two years from the date of its dissolution.

Canadian Ace Brewing Co. was issued...

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