Legal Opinion
Securities and Exchange Commission v. Leventritt
Court of Appeals for the Second Circuit
Decided February 1, 1950No. 156, Docket 21566PublishedCited by 12 opinions
1Opinion of the Court
L. HAND, Chief Judge.
The appellant is the holder of "warrants,” issued by a public utility holding company, which was in voluntary reorganization under § 11(e) of the “Public Utility Holding Company Act of 1935.”1 Each “warrant” gave the holder a perpetual right to call upon the company to issue one and a sixth shares of common stock at $50: i. <?., a “call” on the common shares at $42.86 a share. The “Plan” submitted by the company did not provide for the issue of any substitute for the “warrants” by the new corporation, which was for the most part an operating company. To this feature of…
2Cases cited3 opinions
- Otis & Co. v. Securities & Exchange CommissionSupreme Court of the United States · 1945
- In re Electric Power & Light Corp.Court of Appeals for the Second Circuit · 1949
- In re Commonwealth & Southern Corp.District Court, D. Delaware · 1949
3Cited by12 opinions
- Osage Nation of Indians v. United StatesUnited States Court of Claims · 1951
- Niagara Hudson Power Corp. v. LeventrittSupreme Court of the United States · 1951
- In re Niagara Hudson Power Corp.District Court, N.D. New York · 1953
- In Re Commonwealth & Southern CorporationCourt of Appeals for the Third Circuit · 1950
- In Re the United CorporationDistrict Court, D. Delaware · 1955
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