{
  "id": 2523915,
  "name": "Ray Koepke, Plaintiff-Appellant, v. First National Bank of De Kalb, Trustees for Country Club Estates Trusts, Defendant-Appellee",
  "name_abbreviation": "Koepke v. First National Bank",
  "decision_date": "1972-06-21",
  "docket_number": "No. 71-224",
  "first_page": "799",
  "last_page": "800",
  "citations": [
    {
      "type": "official",
      "cite": "5 Ill. App. 3d 799"
    }
  ],
  "court": {
    "name_abbreviation": "Ill. App. Ct.",
    "id": 8837,
    "name": "Illinois Appellate Court"
  },
  "jurisdiction": {
    "id": 29,
    "name_long": "Illinois",
    "name": "Ill."
  },
  "cites_to": [
    {
      "cite": "147 F.Supp. 398",
      "category": "reporters:federal",
      "reporter": "F. Supp.",
      "case_ids": [
        4276881
      ],
      "opinion_index": 0,
      "case_paths": [
        "/f-supp/147/0398-01"
      ]
    }
  ],
  "analysis": {
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    "char_count": 1826,
    "ocr_confidence": 0.734,
    "pagerank": {
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    "sha256": "0c2f6d58a4e7f94882567674d76bd748c32333ec3fc8ee6c0e53cf923584a029",
    "simhash": "1:094228262d0db7fd",
    "word_count": 287
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  "last_updated": "2023-07-14T19:05:48.814564+00:00",
  "provenance": {
    "date_added": "2019-08-29",
    "source": "Harvard",
    "batch": "2018"
  },
  "casebody": {
    "judges": [],
    "parties": [
      "Ray Koepke, Plaintiff-Appellant, v. First National Bank of De Kalb, Trustees for Country Club Estates Trusts, Defendant-Appellee."
    ],
    "opinions": [
      {
        "text": "Mr. JUSTICE THOMAS J. MORAN\ndelivered the opinion of the court:\nPlaintiff appeals from an order of the trial court dismissing his complaint.\nWorld Construction Company, Inc. was incorporated in 1964 and dissolved, by court decree, in 1966. In 1970, the plaintiff, the majority shareholder of the defunct corporation, on behalf of all shareholders brought an action in equity based upon breach of contract. Financial injury was the only equity alleged.\nThe trial judge granted defendant\u2019s motion to dismiss on the basis of Section 157.94 of the Business Corporation Act (Ill. Rev. Stat. 1969, ch. 32, sec. 157.94) which provides:\n\u201cThe dissolution of a corporation * * * shall not take away or impair any remedy available to or against such corporation, its directors, or shareholders, for any right or claim existing, or any liability incurred, prior to such dissolution if action or other proceeding thereon is commenced within two years after the date of such dissolution 8 8 8\"\nThe plaintiff concedes that the corporation must bring an action within two years of dissolution, but attempts to avoid the statute by alleging that his action is an equitable one brought, not by the corporation, but by the shareholders.\nThe provisions of the statute are clearly applicable, 1) to the defunct corporation, to its directors and shareholders (see, Gordon v. Loew\u2019s Incorporated (D.C.N.J. 1956), 147 F.Supp. 398), and 2) to \u201cany remedy,\u201d which would include an action brought in equity.\nJudgment affirmed.\nABRAHAMSON and GUILD, JJ., concur.",
        "type": "majority",
        "author": "Mr. JUSTICE THOMAS J. MORAN"
      }
    ],
    "attorneys": [
      "C. M. Glosser, of Rochelle, for appellant.",
      "Tyler & Peskind, of Aurora, and Boyle & Cordes, of De Kalb, for appellee."
    ],
    "corrections": "",
    "head_matter": "Ray Koepke, Plaintiff-Appellant, v. First National Bank of De Kalb, Trustees for Country Club Estates Trusts, Defendant-Appellee.\n(No. 71-224;\nSecond District\nJune 21, 1972.\nC. M. Glosser, of Rochelle, for appellant.\nTyler & Peskind, of Aurora, and Boyle & Cordes, of De Kalb, for appellee."
  },
  "file_name": "0799-01",
  "first_page_order": 821,
  "last_page_order": 822
}