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CHAPMAN v. UNITED INS. CO. OF AMERICA

No. 1-91-2014.

602 N.E.2d 45 (1992)

234 Ill. App.3d 968

176 Ill.Dec. 738

Myron CHAPMAN, et al., Plaintiffs-Appellees, v. UNITED INSURANCE COMPANY OF AMERICA, Defendant-Appellant.

Appellate Court of Illinois, First District, Third Division.

September 16, 1992.

Attorney(s) appearing for the Case

James H. Bowhay; Neal, Gerber & Eisenberg, Schiff, Hardin & Waite, Chicago, for plaintiffs-appellees.

Latham & Watkins, Reuben L. Hedlund, Latham & Watkins, Chicago, for defendant-appellant.

Presiding Justice GREIMAN delivered the opinion of the court:

United Insurance Company of America ("United") has appealed a non-final order of the circuit court of Cook County which provided that the appellees, certain shareholders of United ("shareholders") could proceed with an action for the appraisal of their United shares following a merger of that company with Teledyne, Incorporated.

Section 167(1) of the Insurance Code (Ill. Rev.Stat.1989, ch. 73, par...

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