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Hurst v. Papierz

Illinois Appellate Court

16 Ill. App. 3d 574 (1973)

Facts

Stanley Papierz, Theresa Papierz, and Stanley Papierz Buildings, Inc. (Papierz) (plaintiffs) entered into a joint venture with Robert Rauth (defendant). For a number of years, Papierz wrongfully and fraudulently denied Rauth’s interest in the joint venture, which was 30 percent. The trial court found in favor of Rauth and appointed a receiver for the joint venture. The trial court also appointed an accounting firm to determine the appropriate amount due to Rauth. Papierz appealed.

Rule of Law

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Issue

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Holding and Reasoning (Moran, J.)

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A "yes" or "no" answer to the question framed in the issue section;
A summary of the majority or plurality opinion, using the CREAC method; and
The procedural disposition (e.g., reversed and remanded, affirmed, etc.).

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