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ATWOOD GRAIN & SUPPLY CO. v. GROWMARK, INC.

No. 88 C 7442.

712 F.Supp. 1360 (1989)

ATWOOD GRAIN & SUPPLY COMPANY, et al., Plaintiffs, v. GROWMARK, INC., et al., Defendants.

United States District Court, N.D. Illinois, E.D.

May 19, 1989.

Attorney(s) appearing for the Case

Robert C. Keck, Jr., W. Joseph Thesing, Jr., Wm. B. Hines, Jenner & Block, Chicago, Ill., for plaintiffs.

Duane C. Quaini, Alan S. Gilbert, Roger K. Heidenreich, Sonnenschein Carlin Nath & Rosenthal, Chicago, Ill., Timothy C. Klenk, Terry Satinover, Pope, Ballard, Shepard & Fowle, Ltd., Chicago, Ill., for defendants.

MEMORANDUM OPINION AND ORDER

ZAGEL, District Judge.

Plaintiffs are each shareholders in Growmark, Inc., a Delaware corporation. Plaintiffs, in their individual capacity, seek damages against Growmark and complain that Growmark's Board of Directors fraudulently made decisions involving the sale of corporate assets which reduced the value of plaintiffs' shares, ignored plaintiffs' voting rights and deprived plaintiffs of the Growmark grain marketing system...

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