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LASDAY v. WEINER

No. 1-92-1250.

652 N.E.2d 1198 (1995)

273 Ill. App.3d 461

210 Ill.Dec. 222

Lawrence W. LASDAY, individually and derivatively on behalf of Larsid Incorporated, a corporation, Plaintiff-Appellee, v. Sidney WEINER and Larsid Incorporated, an Illinois corporation, Defendants-Appellants.

Appellate Court of Illinois, First District, Third Division.

June 28, 1995.

Attorney(s) appearing for the Case

Robert R. Benjamin and Beverly A. Benjamin, Chicago, for appellants.

Steven J. Teplinsky and James A. Roth, Chicago, for appellee.

Justice TULLY delivered the opinion of the court:

Plaintiff, Lawrence W. Lasday (hereinafter Lasday), filed a shareholder derivative suit in equity to recover corporate funds on behalf of Larsid, Incorporated (hereinafter Larsid), to prevent the removal of officers and to judicially dissolve the corporation. The trial court ordered defendant, Sidney Weiner (hereinafter Weiner) to return $102,000, which he had previously appropriated for his own use, to an authorized...

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