CHRISTMAN v. BRAUVIN REALTY ADVISORS, INC.

No. 96 C 6025.

82 F.Supp.2d 823 (1998)

M. Barbara CHRISTMAN, Joseph Forte, Janet M. Toolson, John Archbold, and Ben O. Carroll on behalf of themselves and all others similarly situated, Plaintiffs, v. BRAUVIN REALTY ADVISORS, INC., Brauvin Realty Advisors II, Inc., Brauvin Realty Advisors III, Inc., Brauvin Realty Advisors IV, Inc., Corporate General Partners; Jerome J. Brault; Brauvin Real Estate Funds, LLC, Defendants.

United States District Court, N.D. Illinois. Eastern Division.

August 11, 1998.


Attorney(s) appearing for the Case

John Michael Murphy, Baker & McKenzie, Ronald L. Futterman, Michael I Behn, Futterman & Howard, Chtd., Thomas Vincent Canepa, John J. Cummins, Canepa & Cummins, Chicago, IL, Robert W. Mills, Richard S. Kohn, Gilmur R. Murray, Alex J. Lucenitser, The Mills Firm, Derek G. Howard, The Mills Law Firm, Greenbrae, CA, Larry Daniel Drury, Larry D. Drury, Ltd., Chicago, IL, for M. Barbara Christman, Janet M. Toolson, John Archbold, Ben O Carroll.

Robert Walter Tarun, John Alton Cashman, Winston & Strawn, Mark L. Karasik, Donald J. Hayden, Thomas Anthony Doyle, John Michael Murphy, William Lynch Schaller, Baker & McKenzie, Chicago, IL, for Brauvin Realty Advisors, Inc., Brauvin Realty Advisors, II, Inc., Brauvin Realty Advisors, III, Inc., Brauvin Realty Advisors IV, Inc.

Mark L. Karasik, Donald J. Hayden, Thomas Anthony Doyle, John Michael Murphy, William Lynch Schaller, Baker & McKenzie, Chicago, IL, for Corporate General Partners, Jerome J Brault.

Sheryl Lynn Jaffee, Jeffrey H. Frank, Patzik, Frank & Samotny, Ltd., Chicago, IL, James T. Rohlfing, Friedman, Sinar & Rohlfing, Chicago, IL, for Brauvin Real Estate Funds, LLC.


MEMORANDUM OPINION AND ORDER

GOTTSCHALL, District Judge.

In this action, the plaintiffs are limited partners challenging a proposed transaction in which the assets of four limited partnerships would be acquired through sale or merger by Brauvin Real Estate Funds, L.L.C. ("Brauvin LLC"). Brauvin LLC is owned by Jerome J. Brault, who is also the managing general partner of the limited partnerships. The limited partnerships are Brauvin High Yield Fund...

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