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KALABOGIAS v. GEORGOU

No. 1-91-3486.

627 N.E.2d 51 (1993)

254 Ill. App.3d 740

193 Ill.Dec. 892

Thomas KALABOGIAS and George Kalabogias, Plaintiffs-Appellees/Cross-Appellants, v. Peter GEORGOU, Mary Ann Georgou, and Ethel Nagode, Defendants-Appellants/Cross-Appellees.

Appellate Court of Illinois, First District, Second Division.

September 14, 1993.

Attorney(s) appearing for the Case

Carey, Filter, White & Boland, Chicago (Edmund P. Boland and Michael J. Murray, of counsel), for plaintiffs-appellees.

Donald L. Johnson, Chicago, for defendants-appellants.

Justice DiVITO delivered the opinion of the court:

Plaintiffs, brothers Thomas and George Kalabogias, 49% shareholders in the Contessa Main Street Corporation (the Corporation), brought an action against Peter and Mary Ann Georgou, 51% shareholders in the Corporation, Ethel Nagode, and the Corporation seeking the Corporation's dissolution. Prior to trial, the circuit court granted the petition of the original defendants to purchase plaintiffs' stock as an alternative...

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