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Hurst v. Papierz
Illinois Appellate Court
16 Ill. App. 3d 574 (1973)
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
Holding and Reasoning (Moran, J.)
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