Legal Opinion
Metlyn Realty Corp. v. Esmark, Inc.
Court of Appeals for the Seventh Circuit
Decided May 16, 1985No. Nos. 84-1749, 84-1750PublishedCited by 132 opinions
1Opinion of the Court
EASTERBROOK, Circuit Judge.
Judicial approval of a settlement involving the valuation of securities is a discretionary act, and an application to revisit that approval asks a court a question about its own discretionary processes. If the judge who approved the settlement concludes that misstatements in the hearings leading to the approval did not affect his earlier decision, that brings the litigation to an end. We affirm the district judge’s decision not to reopen his approval of the settlement in this case.
I
In 1974 Esmark, Inc., which owned 53.5% of the stock of TransOcean Oil, Inc., decided…
2Cases cited36 opinions
- Wainwright v. SykesSupreme Court of the United States · 1977
- United States v. KubrickSupreme Court of the United States · 1979
- Federated Department Stores, Inc. v. MoitieSupreme Court of the United States · 1981
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Browder v. Director, Dept. of Corrections of Ill.Supreme Court of the United States · 1978
31 more not listed; retrieve them via the Exa API.
3Cited by132 opinions
- In the Matter of Douglas R. Prince and Jane Prince, Debtors-AppellantsCourt of Appeals for the Seventh Circuit · 1996
- In the Matter of Met-L-Wood Corporation, Debtor. Appeal of Constantine John Gekas, Trustee. Constantine John Gekas, Trustee v. Frederick L. PipinCourt of Appeals for the Seventh Circuit · 1988
- Virginia Ragon Achacoso-Sanchez v. Immigration and Naturalization ServiceCourt of Appeals for the Seventh Circuit · 1985
- Beatrice WILLIAMSON, Plaintiff-Appellee-Cross-Appellant, v. HANDY BUTTON MACHINE COMPANY, Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Seventh Circuit · 1987
- Marvin D. Gleash, Sr. v. Michael YuswakCourt of Appeals for the Seventh Circuit · 2002
127 more not listed; retrieve them via the Exa API.