Legal Opinion
Landreth Timber Co. v. Landreth
Supreme Court of the United States
Decided May 28, 1985No. 83-1961PublishedCited by 510 opinions
1Opinion of the CourtJustice Powell
This case presents the question whether the sale of all of the stock of a company is a securities transaction subject to the antifraud provisions of the federal securities laws (the Acts).
I
Respondents Ivan K. Landreth and his sons owned all of the outstanding stock of a lumber business they operated in Tonasket, Washington. The Landreth family offered their stock for sale through both Washington and out-of-state brokers. Before a purchaser was found, the company’s sawmill was heavily damaged by fire. Despite the fire, the brokers continued to offer the stock for sale. Potential purchasers…
2Cases cited12 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- J. I. Case Co. v. BorakSupreme Court of the United States · 1964
- United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
7 more not listed; retrieve them via the Exa API.
3Cited by510 opinions
- Mallard v. United States Dist. Court for Southern Dist. of IowaSupreme Court of the United States · 1989
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- Carole Tomka v. The Seiler Corporation, Daniel Lucey, David Polonsky and Timothy ConroyCourt of Appeals for the Second Circuit · 1995
- Gustafson v. Alloyd Co.Supreme Court of the United States · 1995
- Pennsylvania Department of Public Welfare v. DavenportSupreme Court of the United States · 1990
505 more not listed; retrieve them via the Exa API.