- 3 - In June of 1991, Mr. Poulos experienced heart problems and was hospitalized for 2 or 3 days. While Mr. Poulos was in the hospital, Mrs. Poulos filed for divorce; obtained a temporary restraining order against him; and obtained an ex parte order of protection that gave her emergency possession of Liberty and Galaxy and placed petitioners' bank accounts in escrow at American National Bank (ANB) under the supervision of the Circuit Court of Cook County, Illinois, Domestic Relations Division. Mrs. Poulos and her boyfriend then went to Galaxy's and Liberty's place of business, fired all of the employees, took large quantities of cash and equipment, and removed the corporations' books and records. Mr. Poulos learned of his wife's actions while in the hospital. After the hospital released him, he attempted to enter the businesses, but discovered that the locks had been changed. To regain possession of his businesses, Mr. Poulos retained the services of two law firms: Greenburg & Hermann (Greenburg) and Schiller, DuCanto and Fleck (Schiller). Mr. Poulos' corporate attorney, George Ritsos, also assisted in the matter. On June 20, 1991, Mr. Poulos' attorneys filed a motion to dissolve the order of protection and the temporary restraining order. While this motion was pending, Mr. Poulos received notices of nonpayment from Galaxy's and Liberty's creditors. InPage: Previous 1 2 3 4 5 6 Next
Last modified: May 25, 2011