Legal Opinion
Securities & Exchange Commission v. Guild Films Co.
District Court, S.D. New York
Decided November 13, 1959PublishedCited by 7 opinions
1Opinion of the Court
SYLVESTER J. RYAN, Chief Judge.
The Commission seeks to enjoin the defendants from selling and delivering, after sale, shares of the common stock of Guild Films Company, Inc., in violation of Section 5(a) of the Securities Act of 1933, 15 U.S.C.A. § 77e(a).
These shares of stock had been delivered in February, 1959, to the Santa Monica Bank by defendant Roach as purported collateral on a note in default and the sale was made by the Santa Monica Bank in payment of the loan. However, the Guild Film Company, Inc., refused to transfer the shares on its books and the Bank, in September, 1959,…
2Cases cited3 opinions
- Gilligan, Will & Co., a Partnership, and James Gilligan and William Will v. Securities and Exchange CommissionCourt of Appeals for the Second Circuit · 1959
- Securities & Exchange Commission v. Chinese Consol. Benev. Ass'nCourt of Appeals for the Second Circuit · 1941
- Securities & Exchange Commission v. CulpepperCourt of Appeals for the Second Circuit · 1959
3Cited by7 opinions
- Securities and Exchange Commission, Plaintiff-Respondent v. Guild Films Company, Inc., Santa Monica Bank, Southwest Bank of Inglewood, Hal Roach, Jr.Court of Appeals for the Second Circuit · 1960
- Fox v. Glickman CorporationDistrict Court, S.D. New York · 1966
- General Electric Credit Corp. v. James Talcott, Inc.District Court, S.D. New York · 1966
- Carpenter v. HallDistrict Court, S.D. Texas · 1970
- Athas v. DayDistrict Court, D. Colorado · 1960
2 more not listed; retrieve them via the Exa API.