William P. McDANNOLD, et al., Plaintiff,
v.
STAR BANK, N.A., et al., Defendants.
United States District Court, S.D. Ohio, Western Division.https://leagle.com/images/logo.png
March 15, 1999.
March 15, 1999.
Attorney(s) appearing for the Case
Lee T Polk, Murphy Smith & Polk, Chicago, IL, Judith Boyers Gee, Covington, KY, for William P McDannold, plaintiff.
Judith Boyers Gee, Covington, KY, for Steven M Franzen, Paul A Ross, Nancy L Mertes, Anthony R Stidham, Lisa L Stahl, Robert M Von Bargen, Glen Lievestro, Luellen Flinders, Dave J Bleser, Robert W Patten, Steven W Miller, Rayford Randall, John T Knuehl, Paul D Hansel, Beckham W Fields, David J Corsmeier, Steven M Huitger, Robert T Hardwick, William R Byrd, Dennis P McCloskey, Charles D Campbell, Don Vernon Flint, Don Belcher, Tommy Luketich, Craig T Doyle, Charles C Antoloci, Donna J Bush, Timothy M Long, Steve Mefford, Robert O Pierce, Edward J Von Bargen, Louis John Zinnecker, Thomas L Gilpen, Richard L Ferrell, Carolyn Plotzick, James M Long, Glennis Lawson, Julie Sunderman, Darrin R Lawson, Steven E Horton, Gary R Hughes, Donald Fields, plaintiffs.
Carl John Schmidt, III, Eric Carl Holzapfel, Wood & Lamping, Cincinnati, OH, Amy E Gasser, Wood & Lamping, Cincinnati, OH, for Electro Jet Tool & Mfg Co Inc, intervenor-plaintiff.
Thomas Robert Schuck, Taft, Stettinius & Hollister, Cincinnati, OH, Robert Joseph Hollingsworth, Cors & Bassett, Cincinnati, OH, for Star Bank Na Cincinnati, defendant.
William J Hare, defendant pro se.
Robert Alexander Pitcairn, Jr, Katz, Teller, Brant & Hild Co, Cincinnati, OH, for Paul Weber, Laura J Gerding, Trustee of remainder interest in certain shares of common stock of Electro-Jet Tool & Mfg Co Inc purs to stock purchase agreement of 12/01/86, defendant.
John Byron Pinney, Graydon Head & Ritchey, Cincinnati, OH, Robert Alexander Pitcairn, Jr, Katz, Teller, Brant & Hild Co., Cincinnati, OH, for Laura J Gerding, Trustee, Endres, Trustee under a trust agreement with John Endres dated 09/24/85, defendant.
Michael Edward Maundrell, Schroeder Maundrell Barbiere & Powers, Cincinnati, OH, for John Endres, defendant.
Jeffrey R Dundon, Centerville, OH, for Frank J Gollings, Trustee of Electro-Jet Tool and Manufacturing Co Inc ESOP, intervenor-plaintiff.
Eric Carl Holzapfel, Wood & Lamping, Cincinnati, OH, for Electro Jet Tool & Mfg Co Inc, defendant.
Thomas Robert Schuck, Taft, Stettinius & Hollister, Cincinnati, OH, Robert Joseph Hollingswoth, Cors & Bassett, Cincinnati, OH, for Star Bank NA Cincinnati, counterclaimant.
United States District Court, S.D. Ohio, Western Division.
DECISION AND ENTRY OVERRULING MOTION FOR PARTIAL SUMMARY JUDGMENT OF DEFENDANT STAR BANK (DOC. # 228)
RICE, Chief Judge.
This litigation arises out of the leveraged buyout of the shares of stock of Electro-Jet Tool & Manufacturing Company, Inc. ("Electro-Jet"). In 1987, Defendant John Enders ("Enders"), who was then the beneficial owner of approximately 83% of the shares of that corporation's stock, decided to sell his interest in the company which he...
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