Burke v. McKernan

2020 IL App (1st) 190318-U
CourtAppellate Court of Illinois
DecidedSeptember 22, 2020
Docket1-19-0318
StatusUnpublished
Cited by1 cases

This text of 2020 IL App (1st) 190318-U (Burke v. McKernan) is published on Counsel Stack Legal Research, covering Appellate Court of Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Burke v. McKernan, 2020 IL App (1st) 190318-U (Ill. Ct. App. 2020).

Opinion

Corrected

2020 IL App (1st) 190318-U No. 1-19-0318 Third Division September 22, 2020

NOTICE: This order was filed under Supreme Court Rule 23 and may not be cited as precedent by any party except in the limited circumstances allowed under Rule 23(e)(1). ______________________________________________________________________________ IN THE APPELLATE COURT OF ILLINOIS FIRST DISTRICT ______________________________________________________________________________ EDWARD M. BURKE, in his capacity as successor ) Appeal from the trustee of the Laurel Christine Trust dated January 11, ) Circuit Court of 1996, and COLLEEN REMEYER, ) Cook County. ) Plaintiffs-Appellants, ) ) v. ) ) TIMOTHY McKERNAN, individually, and as co-trustee ) of the McKernan Arnold Family Trust, YVONNE ) No. 08 CH 10799 McKERNAN, co-trustee of the McKernan Arnold Family ) Trust, THE McKERNAN ARNOLD FAMILY TRUST, ) EDWARD J. McKERNAN, JIM LEMMONS, THE E.J. ) McKERNAN CO., RICHARDS PACKAGING INCOME ) FUND, RICHARDS PACKAGING HOLDINGS (US), ) INC., RICHARDS PACKAGING, INC., TIMOTHY F. ) WEYER, and MICHAEL PARISE, ) Honorable ) Peter Flynn, Defendants-Appellees. 1 ) Judge, presiding.

1 We note that appellants’ notice of appeal incorrectly listed this case’s caption. To avoid confusion, we have chosen to use the correct caption, which matches the caption reflected in the operative complaint in the record, in this disposition. For this reason, the caption used in this disposition differs from the title used to docket this matter in our records. No. 1-19-0318

JUSTICE COBBS delivered the judgment of the court. Presiding Justice Howse and Justice Ellis concurred in the judgment.

1 ORDER 2 3 ¶1 Held: The judgment of the circuit court is affirmed. The court did not err in dismissing 4 certain defendants for lack of personal jurisdiction, in dismissing one of plaintiffs’ 5 claims for failure to state a cause of action, and in granting summary judgment for 6 defendants on the remaining claims based on expiration of the statute of limitations.

7 ¶2 This appeal concerns a long-standing dispute over the ownership of 470 shares in the E.J.

8 McKernan Co., an Illinois corporation that manufactures and sells packaging materials (“the

9 Corporation”). Plaintiffs, Edward M. Burke, as successor trustee of the Laurel Christine Trust (“the

10 LC Trust”), and Colleen Remeyer, as a beneficiary thereof, contend that the LC Trust is the rightful

11 owner of the disputed shares, having received them from Thomas McKernan (“Thomas”) in 1996.

12 The current litigation regarding the shares commenced in March 2008, when Remeyer filed her

13 initial complaint against Edward J. McKernan (“Edward”), Timothy McKernan (“Timothy”), and

14 James Lemmons. Burke was later added as a plaintiff in his capacity as successor trustee, and

15 plaintiffs eventually filed a third amended complaint, which was dismissed in its entirety. Plaintiffs

16 then appealed, and this court affirmed in part and reversed in part. See Burke v. McKernan, 2011

17 IL App (1st) 100287-U (“Burke I”).

18 ¶3 On remand, plaintiffs refiled a fifth amended complaint, which is the subject of this appeal.

19 That complaint raised various claims related to the disputed shares against Timothy, Edward, and

20 Lemmons, as well as Yvonne McKernan (“Yvonne”), Timothy Weyer, Michael Parise; the

21 McKernan Arnold Family Trust (“the MAF Trust”); the Corporation; and the Richards Packaging

22 Income Fund, Richards Packaging Holdings (US), Inc., and Richards Packaging, Inc. (collectively,

-2- No. 1-19-0318

1 “the Richards defendants”). Plaintiffs now appeal from several different orders of the circuit court

2 (1) dismissing Yvonne, the MAF Trust and the Richards defendants for lack of personal

3 jurisdiction, (2) granting Weyer and Parise’s motion to dismiss count VII of the complaint for

4 failure to state a cause of action, and (3) granting summary judgment for defendants on all other

5 counts based on the statute of limitations. For the following reasons, we affirm.

6 ¶4 I. BACKGROUND

7 ¶5 A. Original Distribution of Shares

8 ¶6 Edward J. McKernan, the father of Timothy, Thomas, and Remeyer, founded the

9 Corporation in 1960. Prior to 1984, Edward and his wife Laurel owned all 1000 shares of the

10 Corporation’s stock. In January 1984, they gifted 470 shares to Timothy and 470 to Thomas. The

11 remaining 60 shares were transferred to Edward in his own name. Timothy acquired Edward’s 60

12 shares in April 1995, giving Timothy a total of 530 shares.

13 ¶7 Shortly thereafter, in May 1995, Edward sent Thomas a letter demanding that Thomas

14 return his 470 shares to the Corporation. Edward’s letter asserted that Thomas had defaulted on

15 his promise to provide Edward “as many dollars as he wanted/needed, but not to the detriment of

16 [the Corporation]” as “consideration” for the gift of stock. Thomas did not return the shares.

17 ¶8 In November 1995, Edward and Timothy called an emergency meeting of the

18 Corporation’s board of directors. The board passed a resolution purportedly declaring Thomas’

19 470 shares null and void and reissuing them to Edward. Thomas was allegedly not informed about

20 the meeting or the resolution.

21 ¶9 B. The LC Trust

-3- No. 1-19-0318

1 ¶ 10 Thomas created the LC Trust in January 1996, naming his two sisters, Patricia McLatcher

2 and Remeyer, as beneficiaries. Paul Polichio was designated as trustee. The trust property included

3 the 470 disputed shares, which Thomas purportedly transferred to Polichio as trustee. Under the

4 terms of the Trust Agreement, the trustee was to distribute “[o]ne half of the assets remaining in

5 the trust in equal amounts to each of the beneficiaries within five (5) years of the date of the

6 execution of this agreement” and “[a]ny remaining assets in the trust in equal amount to each of

7 the beneficiaries within ten (10) years of the date of the execution of this agreement.”

8 ¶ 11 On February 7, 1996, attorney Bradley Anderson, representing Thomas and the LC Trust,

9 sent a letter to the Corporation returning Thomas’ original stock certificate and requesting that the

10 Corporation reissue the stock in the name of the trust. The Corporation never reissued the shares.

11 ¶ 12 C. Stock Repurchase Agreement

12 ¶ 13 In July 2002, Edward and the Corporation entered into a Stock Repurchase Agreement

13 whereby Edward sold the 470 disputed shares back to the Corporation for $1,034,000. In the

14 Agreement, Edward warranted that he owned the shares “free and clear of all liens, encumbrances,

15 and restrictions on transfer,” and had “the full power and authority” to sell the shares. The

16 Agreement was signed by both Edward as the seller and Timothy as the President of the

17 Corporation. After the Agreement was executed, the Corporation purported to retire the stock,

18 making Timothy the sole owner with all 530 outstanding shares.

19 ¶ 14 D. Sale of the Corporation

20 ¶ 15 In May 2005, the shareholders and directors of the Corporation held a meeting in San

21 Diego, California. Directors Timothy, Weyer, and Parise were in attendance. The minutes from

22 that meeting reflect that Richards Packaging had agreed to buy the Corporation for $30 million.

-4- No. 1-19-0318

1 However, Richards Packaging “pulled out at the last minute” because Thomas would not sign a

2 release regarding the disputed shares. Since that time, Timothy had spent “considerable time

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