BAGDON v. BRIDGESTONE/FIRESTONE, INC.

Nos. 89-3724 and 89-3774.

916 F.2d 379 (1990)

Edward F. BAGDON, Plaintiff-Appellee — Cross-Appellant, v. BRIDGESTONE/FIRESTONE, INC., Defendant-Appellant — Cross-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided October 17, 1990.

Rehearing and Rehearing Denied November 13, 1990.


Attorney(s) appearing for the Case

Paul E. Starkman, Arnstein & Lehr, Chicago, Ill., for plaintiff-appellee — cross-appellant.

Paul W. Schroeder, Thomas F. Gardner, Cheryl L. Urbanski, Jones, Day, Reavis & Pogue, Chicago, Ill., for defendant-appellant — cross-appellee.

Before WOOD, Jr., and EASTERBROOK, Circuit Judges, and GRANT, Senior District Judge.


Rehearing and Rehearing En Banc Denied November 13, 1990.

EASTERBROOK, Circuit Judge.

Many of the Firestone auto service stores throughout the nation have been separately incorporated. Firestone establishes corporations in which it and the store's manager own stock, using this as a device to reward the manager for success and cement the manager's loyalty to the firm. Although this may spur managers to success, it has other effects. With the corporate form...

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