[DOWNLOAD] "Kerrigan v. Unity Savings Association" by Supreme Court of Illinois # eBook PDF Kindle ePub Free
eBook details
- Title: Kerrigan v. Unity Savings Association
- Author : Supreme Court of Illinois
- Release Date : January 17, 1974
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 72 KB
Description
The plaintiff, Walter F. Kerrigan, a permanent reserve shareholder of Unity Savings Association, a savings and loan association chartered under the Illinois Savings and Loan Act (Ill. Rev. Stat. 1973, ch. 32, pars. 701 through 944), brought this derivative action in the circuit court of Cook County on behalf of himself, Unity, and all Unity's other members against five directors of Unity and against Plaza Insurance Agency, Inc. The complaint sought an accounting of profits and injunctive relief. After the complaint and the answer had been filed, each party moved for summary judgment. The court granted the defendants' motion, and dismissed the action. On the plaintiff's appeal the Appellate Court for the First District reversed and remanded. (11 Ill. App.3d 766.) We granted defendants' petition for leave to appeal.
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