No. 81-1568.

683 F.2d 201 (1982)

MERIDIAN HOMES CORPORATION, Plaintiff-Appellee, v. NICHOLAS W. PRASSAS & COMPANY, an Illinois Corporation, Defendant-Appellee, and Jerome R. Prassas and Philip G. Prassas, Proposed Intervening Defendants-Appellants.

United States Court of Appeals, Seventh Circuit.

Decided July 9, 1982.

Attorney(s) appearing for the Case

Philip E. Couri, Couri & Economos, Winnetka, Ill., for proposed intervening defendants-appellants.

Richard J. Brennan, Winston & Strawn, Chicago, Ill., for defendant-appellee.

Before PELL, SPRECHER and CUDAHY, Circuit Judges.

CUDAHY, Circuit Judge.

This case involves the petition of Jerome and Philip Prassas to intervene in an action brought by Meridian Homes Corporation ("Meridian") against Nicholas W. Prassas & Company (the "Prassas Company"). The underlying lawsuit concerns a joint venture agreement. The Prassas brothers sought to intervene because they own an undivided one-half share of the Prassas Company's "rights and interests" in several real estate developments, including...

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