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AUTOMATIC LIQUID PACKAGING, INC. v. DOMINIK

No. 87-3144.

852 F.2d 1036 (1988)

AUTOMATIC LIQUID PACKAGING, INC., Plaintiff-Appellant, v. Jack E. DOMINIK, Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided July 27, 1988.

Attorney(s) appearing for the Case

William Henry Barrett, Fox and Grove, Chicago, Ill., for plaintiff-appellant.

Patrick W. O'Brien, Mayer Brown & Platt, Chicago, Ill., for defendant-appellee.

Before POSNER, MANION, and KANNE, Circuit Judges.

POSNER, Circuit Judge.

Before us is the appeal of Automatic Liquid Packaging, Inc., a closely held manufacturing corporation that was incorporated in 1968 with the assistance of its lawyer, Jack Dominik. In exchange for his services Dominik was allowed to buy a substantial block of shares in the new company. He drafted an agreement whereby for ten years any shareholder who either wanted to sell his shares or ceased to be employed by the company would have to offer...

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