FORKIN v. COLE

No. 4-88-0778.

192 Ill. App.3d 409 (1989)

548 N.E.2d 795

PATRICK J. FORKIN, Indiv. and on behalf of Harrison Park Development, Inc., Plaintiffs-Appellees, v. KENNETH G. COLE, SR., et al., Defendants-Appellants.

Appellate Court of Illinois — Fourth District.

Opinion filed December 21, 1989.


Attorney(s) appearing for the Case

Brown, Hay & Stephens, of Springfield (Edward J. Cunningham and Emmet A. Fairfield, of counsel), for appellants.

Robert B. Goldman, and Holley, Keith & Huntley, both of Springfield, for appellees.


Affirmed in part, and reversed in part and remanded.

JUSTICE SPITZ delivered the opinion of the court:

This appeal concerns a shareholder's derivative action involving the misappropriation of corporate funds and other improper actions by directors. Defendants Kenneth G. Cole, Sr. (Cole Sr.), Kenneth G. Cole, Jr. (Cole Jr.), Gregory T. Rossi, and Harrison Park Development, Inc. (HPDI), appeal from a judgment order of the circuit court of Sangamon County entered...

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