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PROTECTOSEAL CO. v. BARANCIK

No. 93-3229.

23 F.3d 1184 (1994)

PROTECTOSEAL COMPANY, an Illinois corporation, Plaintiff-Appellant, v. Charles BARANCIK, Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided May 5, 1994.

Attorney(s) appearing for the Case

Michael J. Abernathy, Scott M. Mendel (argued), Julie M. Rubins, Victor E. Grimm, Bell, Boyd & Lloyd, Chicago, IL, for plaintiff-appellant.

Bradley P. Nelson, Steven A. Weiss (argued), Schopf & Weiss, Chicago, IL, for defendant-appellee.

Before CUMMINGS, BAUER and COFFEY, Circuit Judges.

COFFEY, Circuit Judge.

The Protectoseal Company (Protectoseal) appeals the dissolution of a permanent injunction prohibiting Charles Barancik from serving as one of Protectoseal's directors. We affirm.

BACKGROUND

Protectoseal is a privately-held Illinois corporation engaged in the manufacture and sale of products such as safety cans, storage cabinets, drum vents, and safety faucets designed to handle and store flammable liquids. Barancik and his...

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