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SHUTE v. CHAMBERS

No. 84-2014.

142 Ill. App.3d 948 (1986)

492 N.E.2d 528

SHIRLEY E. SHUTE et al., Plaintiffs-Appellees, v. DENNIS L. CHAMBERS, Defendant-Appellant.

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

Opinion filed April 11, 1986.

Attorney(s) appearing for the Case

Joseph J. Ticktin, of Chicago, for appellant.

Stanley K. Fish, of Chicago (Sidney Z. Karasik, of counsel), for appellees.

Judgment affirmed.

JUSTICE MURRAY delivered the opinion of the court:

Plaintiffs Shute and Beerman, former shareholders of a dissolved corporation, sued to recover under a purchase agreement and note, executed by defendant Chambers in favor of the corporation. After a bench trial, judgment was entered against defendant-appellant in the amount of $59,096.23. Defendant contends that the action is barred pursuant to section 94 of the Business Corporation Act...

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