Legal Opinion

In re New England Public Service Co.

District Court, D. Maine

Decided August 6, 1947No. 477PublishedCited by 6 opinions

1Opinion of the Court

CLIFFORD, District Judge.

This is a proceeding brought by the Securities and Exchange Commission1 at the request of the New England Public Service Company2 to enforce and carry out a plan for the simplification of the corporate structure of NEPSCO, filed pursuant to Section 11(e) of the Public Utility Holding Company Act of 1935, 49 Stat. 820, 15 U.S.C.A. § 79k(e)3 and approved by the Commission.4

The plan submitted here for approval and enforcement is one step in a series designed eventually to achieve the complete liquidation of NEPSCO. This particular step concerns the retirement of two…

2Cases cited4 opinions

  1. Otis & Co. v. Securities & Exchange CommissionSupreme Court of the United States · 1945
  2. City Nat. Bank & Trust Co. v. Securities & Exchange CommissionCourt of Appeals for the Seventh Circuit · 1943
  3. In Re Electric Bond & Share Co.District Court, S.D. New York · 1946
  4. In re PurrierDistrict Court, W.D. Washington · 1947

3Cited by6 opinions

  1. Securities & Exchange Commission v. Central-Illinois Securities Corp.Supreme Court of the United States · 1949
  2. Cities Service Company v. United StatesDistrict Court, S.D. New York · 1970
  3. In Re American & Foreign Power Co.District Court, D. Maine · 1948
  4. In re United Corp.District Court, D. Delaware · 1949
  5. In re American Water Works & Electric Co.District Court, D. Delaware · 1952

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