· 9/29/1960
Gidwitz v. Lanzit Corrugated Box Co.
Citations
- 170 N.E.2d 131
- 20 Ill. 2d 208
- 1960 Ill. LEXIS 409
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- holding oppressive conduct does not require proof of illegal or fraudulent acts, mismanaged or misapplied assets, or disaster that is imminent
- finding that going ten years without an annual shareholder meeting “indicates a deprivation of shareholders’ rights”
- “Truly the management is controlled by the stockholders acting through their elected directors, and it is contemplated that the corporation is to be controlled by the majority stockholders.”
- unilateral management of corporation in the absence of majority stock support
- not specifying the date on which the suit was filed
Source: CourtListener parenthetical corpus (CC0).
Judges: Hershey
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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