United States District Court, N.D. Illinois, E.D.https://leagle.com/images/logo.png
June 21, 1983.
June 21, 1983.
Attorney(s) appearing for the Case
Lowell E. Sachnoff, Dean A. Dickie, William Gleeson, Barry S. Rosen, Brian D. Roche, Sachnoff, Weaver & Rubenstein, Ltd., Chicago, Ill., Richard D. Greenfield, Nicholas E. Chimicles, Robert P. Frutkin, Marcy C. Panzer, Greenfield & Chimicles, P.C., Bala-Cynwyd, Pa., Lawrence H. Eiger, Michael J. Freed, Michael Hyman, Much, Shelist, Freed, Denenberg, Ament & Eiger, P.C., Myron M. Cherry, Robert Cushman, Jr., Bruce Rose, Cherry & Flynn, Chicago, Ill., James D. Fornari, William Jarblum, Jarblum & Solomon, P.C., Paul M. Bernstein, Edward A. Grossmann, Jeffrey Klafter, Kreindler & Kreindler, Barry J. Pinkowitz, Barry J. Pinkowitz, P.C., New York City, Lawrence Walner, Lawrence Walner, Ltd., Chicago, Ill., Daniel W. Krasner, Fred Taylor Isquith, William Loeb, Wolf, Haldenstein, Adler, Freeman & Herz, New York City, for plaintiffs.
Scott J. Davis, Mayer Brown & Platt, Chicago, Ill., for Continental Ill. Corp., Continental Bank, Anderson, Perkins and Miller.
William R. Jentes, Kirkland & Ellis, Chicago, Ill., for Malott and Luerssen.
Rene A. Torrado, Jr., Reuben & Proctor, Chicago, Ill., for Baker.
J. Alan Galbraith, Williams & Connelly, Washington, D.C., for Bergman.
Gary L. Prior, McDermott, Will & Emery, Chicago, Ill., for Hlavka.
Mitchell S. Rieger, Schiff, Hardin & Waite, Chicago, Ill., for Rastetter.
Richard Levy, Stephen Novack, Eric N. Macey, Mark A. Rabinowitz, Marilyn J. Klawiter, Levy & Erens, Chicago, Ill., for Harper.
Hedlund, Hunter & Lynch, Chicago, Ill., for Redding.
Francis J. McConnell, McConnell, Ruberry & Jansen, Chicago, Ill., for Lytle.
John J. Enright, Arvey, Hodes, Costello & Berman, Chicago, Ill., for Goy.
Thomas D. Allen, Sheldon P. Migdal, Donald Flayton, Wildman, Harrold, Allen & Dixon, Chicago, Ill., for Ernst & Whinney.
United States District Court, N.D. Illinois, E.D.
ORDER
GRADY, District Judge.
This consolidated case is brought by various shareholders of Continental Illinois Corporation on behalf of themselves and other shareholders and derivatively on behalf of the corporation. The defendants are Continental Illinois Corporation, nineteen of its officers and directors, Continental Illinois Bank and Trust Company of Chicago, and Ernst & Whinney, an auditing firm. The complaint concerns a large number of allegedly...
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