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VECO CORP. v. BABCOCK

No. 1-91-3624.

611 N.E.2d 1054 (1993)

243 Ill. App.3d 153

183 Ill.Dec. 406

VECO CORPORATION, Plaintiff-Appellant, v. Robert H. BABCOCK, Margaret F. Michails, and CorMac, Inc., Defendants-Appellees (Brokers and Traders Insurance, Defendant).

Appellate Court of Illinois, First District, Second Division.

Rehearing Denied March 25, 1993.

Attorney(s) appearing for the Case

Veverka, Rosen and Haugh, Chicago (Donald Veverka, Michael Haugh and Elizabeth Jurkacek, of counsel), for plaintiff-appellant.

Holleb & Coff, Chicago (David Herbst and Richard Rhodes, of counsel), for defendants-appellees.

Justice HARTMAN delivered the opinion of the court:

Plaintiff, Veco Corporation (Veco), an Illinois corporation, appeals from a judgment deciding the issues in favor of defendants, Robert H. Babcbck and Margaret F. Michails, two of its former officer-employees. Presented as issues for review are whether the circuit court erred in implicitly holding that defendants did not breach their fiduciary duties while serving as officers and employees of plaintiff, and in the...

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