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ROSENSTEIN v. CMC REAL ESTATE CORP.

No. 87-1584.

168 Ill. App.3d 92 (1988)

522 N.E.2d 221

DAVID ROSENSTEIN et al., Indiv. and as representatives of the class of holders of common shares of CMC Real Estate Corporation, et al., Plaintiffs-Appellants, v. CMC REAL ESTATE CORPORATION et al., Defendants-Appellees.

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

Opinion filed March 11, 1988.

Attorney(s) appearing for the Case

Richard James Stevens, of Chicago, for appellants.

Jerold S. Solovy, Joan M. Hall, Darryll M. Bradford, and John J. Dunbar, all of Jenner & Block, of Chicago, for appellees.

Order affirmed.

JUSTICE SULLIVAN delivered the opinion of the court:

Plaintiffs, David Rosenstein and Beverly Rosenstein, appeal from an order dismissing their complaint against defendants, CMC Real Estate Corporation, Chicago Milwaukee Corporation and CMCRE Merger Corporation, for breach of fiduciary duty. Plaintiffs contend that the court erred in dismissing their complaint.

CMC Real Estate Corporation (CMCREC), formerly the Chicago, Milwaukee, St...

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