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WISCONSIN REAL ESTATE INV. TRUST v. WEINSTEIN

Civ. A. No. 80-C-410.

509 F.Supp. 1289 (1981)

WISCONSIN REAL ESTATE INVESTMENT TRUST, Plaintiff, v. George WEINSTEIN, Robert C. Pittelkow, August J. Richter, Joseph A. Deglman, Robert G. Stenger, Harold V. Schoenecker, Clarence Wallner, Thomas W. Korb, Jane Carity, Reit Property Managers, Ltd., Stanley H. Weinstein, Weinstein Associates, and Peregrine, Marcuvitz, Cameron & Peltin, S.C., Defendants, and Telvest, Inc., Harold Sampson, Clyde William Engle, and Charles F. DiGiovanna, Counterclaim Defendants.

United States District Court, E. D. Wisconsin.

March 20, 1981.

Attorney(s) appearing for the Case

Richard C. Ninneman, Richard K. Sell and Michael T. Hart, Milwaukee, Wis., for plaintiff and counterclaim defendants, Whyte & Hirschboeck S.C., Milwaukee, Wis., and Nathan Dardick, Dardick & Jadwin, Chicago, Ill., of counsel.

Irvin B. Charne, Howard A. Pollack and James H. Hall, Jr., Milwaukee, Wis., for defendants George Weinstein, Reit Property Managers, Ltd., Stanley H. Weinstein, and Weinstein Associates.

Clay R. Williams and Gregory G. Wille, Milwaukee, Wis., for defendants Robert C. Pittelkow, August J. Richter, Joseph A. Deglman, Robert G. Stenger, Harold V. Schoenecker, Clarence Wallner, Thomas W. Korb, and Jane Carity; Gibbs, Roper, Loots & Williams, Milwaukee, Wis., of counsel.

William H. Alverson, Godfrey & Kahn, Milwaukee, Wis., for defendant Peregrine, Marcuvitz, Cameron & Peltin, S.C.

DECISION AND ORDER

REYNOLDS, Chief Judge.

This action arises out of the successful takeover of the Wisconsin Real Estate Investment Trust ("WREIT" or "the Trust") in the spring of 1980 by a group of shareholders which denominated itself the WREIT Shareholders Protection Committee ("WSPC"). The WSPC was dominated by Telvest, Inc., then the largest single shareholder of the Trust. The other members of the WSPC were Harold Sampson and Charles F. DiGiovanna...

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