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MARX v. CENTRAN CORP.

No. 83-3602.

747 F.2d 1536 (1984)

Sylvester MARX, Plaintiff-Appellant, v. CENTRAN CORPORATION, et al., Defendants-Appellees.

United States Court of Appeals, Sixth Circuit.

Decided November 8, 1984.

Rehearing and Rehearing Denied January 8, 1985.

Attorney(s) appearing for the Case

Eugene Bleiweiss, Donald Weisberger (argued), Lead Counsel, Cleveland, Ohio, for plaintiff-appellant.

John L. Strauch, Robert C. Weber, Jones, Day Reavis & Pogue, Craig Spangenberg (argued), Cleveland, Ohio, John J. Chester, Chester, Hoffman & Willcox, Columbus, Ohio, Victor E. DeMarco, DeMarco & DeMarco, Ron Tonidandel, Spieth, Bell, McCurdy & Newell Co., L.P.A., Cleveland, Ohio, for defendants-appellees.

Before MARTIN, JONES and CONTIE, Circuit Judges.

Rehearing and Rehearing En Banc Denied January 8, 1985.

CONTIE, Circuit Judge.

Plaintiff Sylvester Marx appeals the district court's grant of summary judgment in favor of the defendants. Marx's complaint alleged that the defendants violated numerous federal banking laws and breached their common law fiduciary duties to the shareholders of Centran Corporation. The district court found that some of the statutes upon which Marx relied created no cause of action...

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