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CAPAROS v. MORTON

No. 1-04-2354.

845 N.E.2d 773 (2006)

364 Ill. App.3d 159

300 Ill.Dec. 884

Constantin CAPAROS; Despina Caparos; Charles Alexander; Sheldon H. Cloobeck; John P. Culhane; Treasurex Financial Ltd., assignee of Paul M. Daugerdas and Paul M. Daugerdas Jr.; Peter D'Agostino; Drink Investors, Ralph E. Lowenberg TTE Allen Kohl 1974 Trust, General Partner; Duane Erickson; ETT, Inc; Eliza Kaufman Flynn; Bruce Frankenberg, Ralph S. Gerbie; Gerbie Profit Sharing Plan; Jay Harris; Ira Kaufman; John Kaufman; Stephen Kaufman; James H. Koulos; Sheldon Kreitman, D.P.M.; Alfredo Lopez; Mansur Investment III, LP; Robert Pinkert; Robert L. Plummer, Jr.; James D. Pohl; Rick Roehm; Maurice Sanderman; Benjamin B. Sarmas; David H. Shulman; Mark Smith; Shepard Swift; Melody Swink; Jeffrey Tessiatore; Barry Weinstein; Daniel White; and Robert Zender, Plaintiffs-Appellees, v. Michael MORTON, Scott DeGraff and Late Night Las Vegas, Inc., Defendants-Appellants.

Appellate Court of Illinois, First District, Fifth Division.

March 3, 2006.

Attorney(s) appearing for the Case

Weinberg Richmond LLP, Chicago (Warren Lupel, Steven DeGraff and Jonathan L. Loew, of counsel), for Appellants.

Nisen & Elliott, Chicago (Michael H. Moirano, Claire E. Gorman, of counsel), for Appellees.

Presiding Justice GALLAGHER delivered the opinion of the court:

Defendants Michael Morton, Scott DeGraff and Late Night Las Vegas, Inc., appeal the trial court's judgment in an action brought by numerous limited partners for breach of fiduciary duty, a constructive trust and an accounting. We hold that although the limited partnership could have been named as a party defendant, the partnership's interests were not prejudiced by its absence from the proceedings in...

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