WITTERS v. HICKS

No. 5-02-0250.

790 N.E.2d 5 (2003)

338 Ill. App.3d 751

273 Ill.Dec. 863

C. Michael WITTERS and Diane Witters, Individually and Derivatively on Behalf of Midwest Transit, Inc., Plaintiffs-Appellees, v. Hal D. HICKS, Defendant-Appellant (Midwest Transit, Inc., Defendant-Appellee; Fifth Third Bank, Indiana, Intervenor-Appellee).

Appellate Court of Illinois, Fifth District.

Motion to Publish Granted April 8, 2003.

Opinion Filed April 8, 2003.


Attorney(s) appearing for the Case

Lyndon P. Sommer, Sandberg, Phoenix & von Gontard, P.C., St. Louis, MO, for Appellant.

Karen L. Kendall, Brad A. Elward, Timothy L. Bertschy, Mark D. Hansen, Heyl, Royster, Voelker & Allen, Peoria, for C. Michael Witters and Diane Witters.

Terry Sharp, Law Office of Terry Sharp, P.C., Mt. Vernon, IL, Sharon D. Shanahan, Law Offices of Sharon Shanahan, Goreville, for Midwest Transit, Inc.

Andrew C. Ozete, Bamberger, Foreman, Oswald & Hahn, Evansville, IN, for Fifth Third Bank, Indiana.


Justice MAAG delivered the opinion of the court:

C. Michael Witters and Diane Witters (plaintiffs), individually and derivatively on behalf of Midwest Transit, Inc. (MWT), a nonpublic corporation, filed a three-count complaint in the circuit court of Lawrence County against Hal D. Hicks and MWT. The complaint alleged that Hicks, a 50% shareholder, had breached his fiduciary duty to plaintiffs and had converted corporate assets for his own use. Plaintiffs sought statutory...

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